Question: 2 . Using the following figures, determine closing book inventory ( not all information given may be needed ) : Opening inventoryGross purchases RTVCash discounts

2. Using the following figures, determine closing book inventory (not all information given may be needed): Opening inventoryGross purchases RTVCash discounts MarkdownsMarkdown cancellations Employee discountsGross salesCustomer returns Net markups$89,760 $43,620 $860 $320$5,246 $318 $784$49,318 $2,945 $760

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