Question: Excel file Inventory Estimation Logan's Corporation recently suffered a fire in its warehouse. The fire destroyed all of the company's inventory on hand at June

Excel file Inventory Estimation Logan's Corporation recently suffered a fire in its warehouse. The fire destroyed all of the company's inventory on hand at June 30. The opening inventory on June 1 was $1,150,000 Logan purchases an additional $4,500,000 during June and had sales of $6,210,000 for the month. The gross profit is 30% Instructions Estimate Logan's June 30 th inventory value

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