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Surist, Inc. purchased merchandise for $470,000, received credit for purchase returns of $30,000, availed purchase discounts of $7,000, and paid transportation of $15,000. Refer to
Surist, Inc. purchased merchandise for $470,000, received credit for purchase returns of $30,000, availed purchase discounts of $7,000, and paid transportation of $15,000.
Refer to Surist, Inc. If Surist, Inc. had $42,000 in beginning inventory, and sold goods costing $210,000, what is the ending inventory balance?
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