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Ralwins Company had the following balances and transactions during 2018, from January 1 to December 31: Beginning Merchandise Inventory 300 units at $84 March 10

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Ralwins Company had the following balances and transactions during 2018, from January 1 to December 31: Beginning Merchandise Inventory 300 units at $84 March 10 Sold 150 units June 10 Purchased 600 units at $86 October 30 Sold 450 units 2 Wed What would be reported for ending Merchandise Inventory on the balance sheet at December 31, 2018 if the perpetual inventory system and the weighted - average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar.)

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