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Presented below is information related to Blue Company. Cost Retail Beginning inventory $ 56,460 $98,600 Purchases (net) 117,980 185,700 Net markups Net markdowns 9,327

Presented below is information related to Blue Company. Cost Retail Beginning inventory $ 56,460 $98,600 Purchases (net) 117,980 185,700 Net markups Net markdowns 9,327 24,290 Sales revenue 194,570 (a) Compute the ending inventory at retail. Ending inventory A

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