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The following information applies to the questions displayed below Beck Inc uses a periodic Inventory system At the end of the annual accounting period, December

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The following information applies to the questions displayed below Beck Inc uses a periodic Inventory system At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2 7000 n 9,000 8000 inventory. December 31, prior year For the current year Purchase. March Sale (528 each Sale (530 each Opereing expenses (excluding income tax expensej 6,000 $400,000

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