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The following information was provided by Grand Company for the year just ended: $130,425 Beginning finished goods Inventory Ending finished goods Inventory Sales $125,770 $500,000

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The following information was provided by Grand Company for the year just ended: $130,425 Beginning finished goods Inventory Ending finished goods Inventory Sales $125,770 $500,000 $100.000 Gross margin The cost of goods manufactured for the year was $395,345 $104,655 O $404,655 $95,345

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