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Business, 18.10.2019 19:20 Becky81

Northwest fur co. started the year with $94,000 of merchandise inventory on hand. during the year, $415,000 in merchandise was purchased on account with credit terms of 1/15, n/45. all discounts were taken. northwest paid freight-in charges of $8,000. merchandise with an invoice amount of $4,700 was returned for credit. cost of goods sold for the year was $373,000. what is ending inventory?

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