Question: A fire deswoyed a warehouse of the Goren Group, Incorporated, on May 4 , 2 0 2 4 . Accounting records on that date indicated

A fire deswoyed a warehouse of the Goren Group, Incorporated, on May 4,2024. Accounting records on that date indicated the following:
\table[[- Merchandise imentory, Jamuary 1,2004,$ 2,060,600
A fire deswoyed a warehouse of the Goren Group,

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