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Complete the following exercise. Fill in the Excel spreadsheet provided via the link at the bottom of the page to provide your answers to parts a and b. Then paste the Excel data into a Word document on which you can also write the answer to part c.
Administrative Expenses $ 70,000 Finished Goods Inventory January 1, 20X3 $120,000 Cost of Goods Manufactured during the year $200,000 Finished Goods Inventory December 31, 20X3 $ 60,000 Selling Expenses $ 40,000 Sales $680,000
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