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Business, 10.10.2019 02:00 mari0869

The following information is available for october for barton company: beginning inventory $250,000net purchases 750,000net sales 1,500,000percentage markup on cost 66.67%a fire destroyed barton's october 31 inventory, leaving undamaged inventory with a cost of $15,000. using the gross profit method, the estimated ending inventory destroyed by fire is: a. $85,000.b. $385,000.c. $400,000.d. $500,000.

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