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Natalie Company purchases $240,000 of inventory during the period and sells $72,000 of it for $120,000. Beginning of the period inventory was $12,000,. What is
Natalie Company purchases $240,000 of inventory during the period and sells $72,000 of it for $120,000. Beginning of the period inventory was $12,000,. What is the compnany's inventory balance to be reported on its balance sheet at year end? a. $72,000 b. $8,000 c. $180,000 d. $12,000
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