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Please answer now Firebird Inc wanted to estimate its inventory at the end of the period. The corporation's books disclosed the following information: KD 917,000

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Firebird Inc wanted to estimate its inventory at the end of the period. The corporation's books disclosed the following information: KD 917,000 37,460 Beginning inventory Purchases for the year KD 317,500 Sales 567,000 Sales discount Rate of gross margin 29,870 on net sales 4096 Purchase returns INSTRUCTIONS Compute the ending inventory. Ending Inventory

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