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on July 1, the total inventory For save a lot Merchandivers was 614, 100. Net purchaves during the month were 313,900 & valer amounted to

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on July 1, the total inventory For save a lot Merchandivers was 614, 100. Net purchaves during the month were 313,900 & valer amounted to 11,400. GROSS margin on valer was 65%. * Estimate the cast value of the inventary av OF July 31 uning the grOSS PROFIT method. (in $.)

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