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. Sunland Inc. had beginning inventory of $20,400 at cost and $34,000 at retail. Net purchases were $204,000 at cost and $289,000 at retail. Net

. Sunland Inc. had beginning inventory of $20,400 at cost and $34,000 at retail. Net purchases were $204,000 at cost and $289,000 at retail. Net markups were $17,000, net markdowns were $11,900, and...

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