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Splish brothers inc. began the year with 9 units of marine floats at a cost of $10 each. during the year, it made the following purchases: may 5, 25 unit at $15; july 16, 18 units at $21; and december 7, 23 units at $24. assume there are 30 units on hand at the end of the period. splish brothers uses the periodic approach
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