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Novak Corporation opened a new store on January 1.2024. During 2024, the first year of operations, the following purchases and sales of inventory were made:

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Novak Corporation opened a new store on January 1.2024. During 2024, the first year of operations, the following purchases and sales of inventory were made: Assume Novak uses weighted average periodic. Calculate the cost of ending inventory, cost of goods sold, and gross profit. (Round the weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5.275.) Ending inventory $ Cost of goods sold Gross profit

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