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What is pharoah ending inventory at retail

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Question - Pharoah Corporation had the following amounts, all at retail:

Beginning inventory

$4000

Purchases

$124000

Purchase returns

6400

Net markups

20000

Abnormal shortage

4400

Net markdowns

3200

Sales

81000

Sales returns

2000

Employee discounts

1800

Normal shortage

2800

Required - What is Pharoah's ending inventory at retail?

Reference no: EM133179417

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