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Use the following information for the next question (set of 3). CD Warehouse Store had the following beginning inventory and purchases during the current year:
Use the following information for the next question (set of 3). CD Warehouse Store had the following beginning inventory and purchases during the current year: Sales during the year were 6, 600 CDs at $23.00 each. (Use the data set above) If the business used the first-in, first-out (FIFO) method, ending inventory for the year would be
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