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On December 31,2019 , a physical inventory determined that ending inventory of $600,000 was in the warehouse. Cook's gross profit on sales has remained constant

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On December 31,2019 , a physical inventory determined that ending inventory of $600,000 was in the warehouse. Cook's gross profit on sales has remained constant at 30%. Cook suspects some of the inventory may have been taken by some disgruntled employees. Required: At December 31,2019 , what is the estimated cost of missing inventory

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