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Question 3: Cora's Computers uses the Periodic Inventory System and has a December 31st year-end. The company began the year with inventory with a cost

Question 3: Cora's Computers uses the Periodic Inventory System and has a December 31st year-end. The company began the year with inventory with a cost of $18,600. When Cora's staff counted inventory at December 31, inventory with a cost of $22,500 were on hand. The company also had the following account balances for the year (random order, all with normal balances):

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