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The Baboon Co. had a fire on July 05, 2020 that destroyed all of its inventory. The salvaged accounting records contained the following information: Sales,

The Baboon Co. had a fire on July 05, 2020 that destroyed all of its inventory. The salvaged accounting records contained the following information:
Sales, net, January 01 to June 01
Inventory, net purchase, January 01 to June 01
Additional information from the 2019 annual report:
Income statement Sales, net
Cost of goods sold Balance sheet Inventory
$ 737,650 414,900
$ 2,122,550 1,337,175
$ 131,200 Baboon was unable to salvage a usable inventory after the fire killed.
Required
Determine the amount of inventory lost by Baboon as a result of the fire. Baboon has a December 31 year-end.
Round your calculation to the nearest whole point.
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question to marks The Baboon Co. had a fire on July 05, 2020 that destroyed all of its inventory. The salvaged accounting records contained the following information: Sales, net, January 01 to June 01 $ 737,650 Inventory, net purchase, January 01 to June 01 414,900 Additional information from the 2019 annual report: Income statement Sales, net $ 2,122,550 Cost of goods sold 1,337,175 Balance sheet Inventory $ 131,200 Baboon was unable to salvage a usable inventory after the fire killed. Required Determine the amount of inventory lost by Baboon as a result of the fire. Baboon has a December 31 year-end. Round your calculation to the nearest whole point

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