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The following information applies to the questions displayed below.] The following information pertains to Mason Company for 2016: Beginning inventory 116 units Units purchased $30

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The following information applies to the questions displayed below.] The following information pertains to Mason Company for 2016: Beginning inventory 116 units Units purchased $30 358 units $45 Ending inventory consisted of 42 units. Mason sold 432 units at $90 each. All purchases and sales were made with cash. Operating expenses amounted to $3,375

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