What is the dollar amount of its ending inventory

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Reference no: EM13829109

If a firm has purchases of $50,000, a starting inventory of $35,000 and the cost of goods sold is $45000, what is the dollar amount of its ending inventory?

a. $40,000

b. $80,000

c. $85,000

d. $130,000

Reference no: EM13829109

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