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PROBLEM # 1- 12 POINTS Panther, Inc. wishes to estimate its ending inventory using a retail method. Information for the year ended December 31,2020 is

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PROBLEM \# 1- 12 POINTS Panther, Inc. wishes to estimate its ending inventory using a retail method. Information for the year ended December 31,2020 is as follows: REQUIRED: Assuming Panther wishes to use the LIFO retail method, calculate the estimated ending inventory at December 31, 2020

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