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Question 23 of 25 View Policies Current Attempt in Progress -/1 Concord's Used Cars uses the specific identification method of costing inventory. During March,

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Question 23 of 25 View Policies Current Attempt in Progress -/1 Concord's Used Cars uses the specific identification method of costing inventory. During March, Concord purchased three cars for $12700, $14600, and $19600, respectively. During March, two cars are sold for a total of $35300. Concord determines that at March 31, the $14600 car is still on hand. What is Concord's gross profit for March? $1100. $2000. $3000. $8000. Save for Later Attempts: 0 of 1 used Submit Answer

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