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The following data are for Ivory Inc.: Cost of goods sold for the year $ 5 , 3 7 5 , 0 0 0 Beginning

The following data are for Ivory Inc.:
Cost of goods sold for the year
$5,375,000
Beginning inventory
$465,000
Days' sales in inventory
25 days
Calculate the ending inventory.
a. $368,151
b. $375,645
c. $333,891
d. $271,302
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