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Mathematics

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Presented below is information related to Cullumber Company
Cost Retail
Beginning inventory $103540 $281000
Purchases $1376000 $2105000
Markup $93600
Mark up Cancellation $13700
Markdown $38300
Markdown Cancellation $4800
Sale Revenue $2179000
Compute the inventory by conventional retail inventory method.
Ending inventory using conventional retail inventory method $

Here is the answer that I came up with
243,800

Answer :

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