Question: M7-14 (Supplement B) Estimating Inventory Using the Retail Inventory Method Net sales were $200,000 and goods available for sale were $250,000 at retail and $150,000

M7-14 (Supplement B) Estimating Inventory Using the Retail Inventory Method Net sales were $200,000 and goods available for sale were $250,000 at retail and $150,000 at cost. Compute ending inventory at cost.

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