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on April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available: Inventory, January
on April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available: Inventory, January 1 Purchases, January 1 through April 15 Markup on cost The amount of the inventory loss is estimated to be $585000 95000 487500 25% O $ 57250 $114500. O $143125. O $97500
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