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Question 26 Using the following financial records, compute the Ending Inventory balance: Beginning inventory $15,000 Net Sales $85,000 Purchases $48,000 Cost of Goods Sold

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Question 26 Using the following financial records, compute the Ending Inventory balance: Beginning inventory $15,000 Net Sales $85,000 Purchases $48,000 Cost of Goods Sold $50,000 Sales Discounts $2,500 Federal Income Tax Exp. $3,000 $10,000 $13,000 O 15,000 $35,000 Time 2 pts Attemp 1 Hou

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