Question: The following data are for Steve's Candy Store for January: Beginning inventory Net purchases $231,000 Net sales revenue $590,000 $480,000 Normal gross profit rate

The following data are for Steve's Candy Store for January: Beginning inventory Net purchases $231,000 Net sales revenue $590,000 $480,000 Normal gross profit rate 40% What is the company's estimated ending inventory for the month? OA. $236,000 B. $475,000 OC. $357,000 OD. $354,000

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