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Please answer! Exercise 9-28 Blue Corporation began operations on January 1, 2017, with a beginning inventory of $35,351 at cost and $50,500 at retail. The

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Exercise 9-28 Blue Corporation began operations on January 1, 2017, with a beginning inventory of $35,351 at cost and $50,500 at retail. The following information relates to 2017 Retail $147,400 10,000 Net purchases ($108,100 at cost) Net markups Net markdowns Sales revenue 4,900 127,200

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