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The following sales/inventory data is for the Shoe depart me Opening book inventory $875,000 Additions Purchases at retail $185,000 Purch Net sales $168,000 Returns from

The following sales/inventory data is for the Shoe depart me Opening book inventory $875,000 Additions Purchases at retail $185,000 Purch Net sales $168,000 Returns from customers $25,000 Returns to vendors $4,500 Markdowns $19,800.


What is the closing book inventory at retail?

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