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The Lasso Company buys stadium chairs for $140 and sells them for $260 each; the company has the following sales forecast: August 200 units, September

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The Lasso Company buys stadium chairs for $140 and sells them for $260 each; the company has the following sales forecast: August 200 units, September 280 units and October 310 units. Ending inventory for each month should be 20% of the next month's sales. The company had 36 units on hand on August 1st. What total dollar amount would appear on the company's balance sheet budget for inventory for August

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