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On January 1 , 2 0 2 4 , Kasper Store had inventory valued at $ 2 6 5 , 0 0 0 . January
On January Kasper Store had inventory valued at $ January purchases were $ and freightin charges of $ and purchase returns of $ January sales were $ and sale returns of $ On February a fire destroyed most of the inventory. The rate of gross profit was of cost Merchandise with a selling price of $ remained undamaged after the fire Instructionsshow allcalculations Calculate the amount of the fire loss. Show appropriate titles for all amounts in yourpresentation
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