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The following information is available for Gamma Corp. for its most recent month of operation: Beginning balance of inventory $8,025 Gross profit $19,900 Inventory purchases

The following information is available for Gamma Corp. for its most recent month of operation:

Beginning balance of inventory $8,025

Gross profit $19,900

Inventory purchases $16,050

Sales revenue $32,100

What was the ending balance of inventory for Gamma Corp.?

Multiple Choice

3,850.

7,700.

11,875.

6,100.

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