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The following information is available for Pronghorn Company for 2022. Pronghorn uses the LIFO inventory method. Beginning inventory $ 616,000 Ending inventory 715,000 Beginning LIFO
The following information is available for Pronghorn Company for 2022. Pronghorn uses the LIFO inventory method.
Beginning inventory $ 616,000
Ending inventory 715,000
Beginning LIFO reserve 216,000
Ending LIFO reserve 310,000
Cost of goods sold 5,924,980
Sales 8,043,000
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