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Metro Computer, Inc. had the following balances and transactions during 2017: Beginning Merchandise Inventory as of January 1, 2017 240 units at $70 Sold
Metro Computer, Inc. had the following balances and transactions during 2017: Beginning Merchandise Inventory as of January 1, 2017 240 units at $70 Sold 80 units March 10 June 10 October 30 Purchased 720 units at $80 Sold 125 units What would the company's ending merchandise inventory amount be on December 31, 2017 if the perpetual inventory system and the last-in, first-out inventory costing method are used?
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