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Net sales are $2708000, beginning total assets are $704000, and the asset turnover is2.0. What is the ending total asset balance? $1354000 $2004000 $704000 $804000

Net sales are $2708000, beginning total assets are $704000, and the asset turnover is2.0. What is the ending total asset balance?

$1354000

$2004000

$704000

$804000

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