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The following information is available for October for Jordan Company: A fire destroyed most of Jordan's October 31 inventory warehouse, leaving undamaged inventory with a

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The following information is available for October for Jordan Company: A fire destroyed most of Jordan's October 31 inventory warehouse, leaving undamaged inventory with a cost of $3,000. Using the gross profit method, the estimated ending inventory destroyed by fire is: Select one: a. $29,286 b. $12,000 c. $51,000 d. $4,286 e. $15,000

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