Question: Using the gross margin method, find the ending inventory value when purchases were $105,000, net sales revenue was $128,000, beginning inventory was $31,000, and cost

Using the gross margin method, find the ending inventory value when

Using the gross margin method, find the ending inventory value when purchases were $105,000, net sales revenue was $128,000, beginning inventory was $31,000, and cost of goods sold historically runs 58% of net sales revenue. O A. $6,090 OB. $8,000 O C. $82,240 OD. $61,760

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