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Question - Viable Corporation had the following amounts, all at retail:
Beginning inventory P3,600
Purchases P100,000
Purchase returns 6,000
Net markups 18,000
Abnormal shortage 4,000
Net markdowns 2,800
Sales 72,000
Sales returns 1,800
Employee discounts 1,600
Normal shortage 2,600
Required - What is Viable's ending inventory at retail?
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