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Pina Industries had beginning inventory of $10200 and purchased $76500 of merchandise during the current period. The company soles are 591800 for the period and

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Pina Industries had beginning inventory of $10200 and purchased $76500 of merchandise during the current period. The company soles are 591800 for the period and has traditionally had a cost-to-sales ratio of 73%. Using the gross margin estimation method, the company estimates its ending inventory to be $19686 $67014 $66300, $24786

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