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Sheridan's beginning inventory is $140,000, goods purchased during the period cost $480,000, and the cost of goods sold for the period is $560,000. What is

Sheridan's beginning inventory is $140,000, goods purchased during the period cost $480,000, and the cost of goods sold for the period is $560,000. What is the amount of its ending inventory? Multiple Choice $60,000 100,000 $100.000 580

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