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Business, 15.04.2020 20:00 selenaK9514

At the end of last year, Games-2-Use had merchandise costing $160,000 in inventory. During January of the current year, the company purchased merchandise costing $108,000, and sold merchandise that it had purchased at a total cost of $92,000. Games-2-Use uses a perpetual inventory system. The balance in the Inventory account at January 31 was:

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