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Problem 3-4 (Algorithmic) Inventories (LO 3.2) Kevin owns a retall store, and during the current year he purchased $851,200 worth of inventory, Kevin's beginning inventory

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Problem 3-4 (Algorithmic) Inventories (LO 3.2) Kevin owns a retall store, and during the current year he purchased $851,200 worth of inventory, Kevin's beginning inventory was $85,120, and his ending inventory is $102,144, During the year, Kevin withdrew $17,024 in inventory for his personal use. Assume that he uses the cost method to value the inventory and there was no change in determining quantities, costs, or valuations between opening and closing inventory. Use Part 111 of Schedule C below to calculate Kevin's cost of goods sold for the year

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