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ROK Company has the following information available: Beginning Inventory at cost: $ 1 0 0 , 0 0 0 Purchases ( at cost ) :

ROK Company has the following information available:
Beginning Inventory at cost: $100,000
Purchases (at cost): $400,000
Sales (at selling price) $550,000
Gross Profit percentage: 25%
What is the approximate value of ending inventory? (use commas but not $ signs or cents)

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