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What is blossoms ending inventory at retail

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Question

1. Blossom Corporation had the following amounts, all at retail:

Beginning inventory $ 4600

Purchases $130000

Purchase returns 7000

Net markups 23000

Abnormal shortage 5000

Net markdowns 3800

Sales 87000

Sales returns 2300

Employee discounts 2100

Normal shortage 3100

What is Blossom's ending inventory at retail?

Reference no: EM132346213

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