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The gross profit of Bellevue Widget Company Ltd. has consistently averaged 39%. The company's records were recently destroyed by fire. The following data are available:

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The gross profit of Bellevue Widget Company Ltd. has consistently averaged 39%. The company's records were recently destroyed by fire. The following data are available: Sales $305 Purchases 175 Opening inventory 25 Sales returns and allowances Purchases returns and allowances Delivery expenses Transportation-in W O W W OOUT UT Truck operating expenses Selling commissions expense Administrative expenses Required: Calculate the estimated ending inventory

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