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On September 5, 2023, Captive Company's entire inventory wasdestroyed by flood. The following information is available from theaccounting records. Inventory, January 1, 2023 $440,000 Purchases,Janu

On September 5, 2023, Captive Company's entire inventory wasdestroyed by flood. The following information is available from theaccounting records. Inventory, January 1, 2023 $440,000 Purchases,Janu 1 answer

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