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For 2020, cost of goods available for sale for Blossom Corporation was $5500000. The gross profit rate on sales was 25% Sales for the

For 2020, cost of goods available for sale for Blossom Corporation was $5500000. The gross profit rate on sales was 25% Sales for the year were $5000000. What was the amount of the ending inventory? O $1250000. O 0. O $1375000. O $1750000.

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