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The Income Statement section of the Johnson Company worksheet for the year ended December 3 1 , 2 0 X 1 , has $ 1

The Income Statement section of the Johnson Company worksheet for the year ended December 31,20X1, has $180,000 recorded in
the Debit column and $204,244 in the Credit column on the line for the Income Summary account.
What were the beginning and ending balances for Merchandise Inventory?
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