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Question 5 1 pts Nome Company's warehouse, located in California, was completely burned down by a wildfire...The insurance company wants you to estimate what the

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Question 5 1 pts Nome Company's warehouse, located in California, was completely burned down by a wildfire...The insurance company wants you to estimate what the cost of the inventory was immediately before it was destroyed in the fire. They want you to use the GROSS PROFIT METHOD... The Cost of Goods Available for Sale was - 1.953...The Net Sales to that point was 2000...The Gross Profit Percentage was 26...What was the amount of the "ending inventory" at the time of the fire

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