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Business, 31.10.2019 06:31 wadepoolio8836

Northwest fur co. started the year with $97,000 of merchandise inventory on hand. during the year, $445,000 in merchandise was purchased on account with credit terms of 1/15, n/45. all discounts were taken. northwest paid freight-in charges of $7,000. merchandise with an invoice amount of $4,600 was returned for credit. cost of goods sold for the year was $378,000. what is ending inventory? $166,400.$161,996.$159,991.$67,000.

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