Question: Please provide the answer to this general accounting question with proper steps. At May 31, Brunet Company has net sales of $300,000 and cost of

Please provide the answer to this general accounting question with proper steps.

At May 31, Brunet Company has net sales of $300,000 and cost of goods available for sale of $275,000. Compute the estimated cost of the ending inventory, assuming the gross profit rate is 35%

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