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solve this If the Sales is $400,000, the beginning inventory is $60,000, the purchases are $240,000, the operating expenses is $60,000, and the cost of

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If the Sales is $400,000, the beginning inventory is $60,000, the purchases are $240,000, the operating expenses is $60,000, and the cost of ending inventory is $30,000 while the market value (NRV) is 35,000, then the net income is A $ 270,000 B $ 70,000 $ 400,000 D None of the other answers

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