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[The following information applies to the questions displayed below.] At the end of January of the current year, the records of Donner Company showed the
[The following information applies to the questions displayed below.] At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $1720 per unit: Units Amount 580 $2,958 Inventory, January 1 560 3.976 Purchase, January 12 160 456 Purchase, January 26 Sale (440) (200) Sale References Section Break P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO 7-2, 7-3
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