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Nash's Trading Post, LLC just began business and made the following four inventory purchases in June: A physical count of merchandise inventory on June 30

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Nash's Trading Post, LLC just began business and made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 160 units on hand. Using the FIFO inventorymethod, the amount allocated to ending inventory for June is $1400.$1000.$961.$1440

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