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The following information is taken from the books of Nicki Incorporated: July August S17743 99599 41.83 % Beginning inventory $18934 Sales Gross profit Ending inventory

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The following information is taken from the books of Nicki Incorporated: July August S17743 99599 41.83 % Beginning inventory $18934 Sales Gross profit Ending inventory $110275 41.83 % $17743 If the purchases for August are the same as July, what is the ending inventory on August 31? Select one a. $22762 b. $81856 X ?. $120897 d $51118 The correct answer is $22762

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