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When preparing its quarterly financial statements, Pace Co. uses the gross margin method to estimate ending inventory. The following information is available for the 1st

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When preparing its quarterly financial statements, Pace Co. uses the gross margin method to estimate ending inventory. The following information is available for the 1st quarter of 2016: What was Pace's estimated inventory on March 31, 2016? $454, 950 $556, 050 $595, 650 $415, 350

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