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The following information is available for October for Sunland Company: A food destroyed Sunland's October 31 inventory, leaving undamaged inventory with a cost of $27000.
The following information is available for October for Sunland Company: A food destroyed Sunland's October 31 inventory, leaving undamaged inventory with a cost of $27000. Using the gross profit method, the estimated ending inventory destroyed by fire is $704000.$169000.$860000.$677000
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