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The following inventory transactions took place for Ivanhoe Corporation for the month of May: Calculate the ending inventory balance for Ivanhoe Corporation, assuming the company

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The following inventory transactions took place for Ivanhoe Corporation for the month of May: Calculate the ending inventory balance for Ivanhoe Corporation, assuming the company uses a perpetual inventory system and the moving-average cost formula. (Round unit costs to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.)

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