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The following data concerning the retail inventory method are taken from the financial records of Sandhill Company. Assuming no change in the price level if

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The following data concerning the retail inventory method are taken from the financial records of Sandhill Company. Assuming no change in the price level if the LIFO inventory method were used in conjunction with the data, the ending inventory at cost would be $205,000 $320,507 $173,229 $299,987

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