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Business, 21.06.2021 15:50 seawu

Beginning inventory, purchases and sales data for tennis rackets are as follows: Apr. 1Inventory12 units at $45
Apr. 11Purchase13 units at $47
Apr. 14Sale18 units
Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculate merchandise sold and ending inventory using LIFO.
Assume the selling price for the units sold on April 14 was $100.

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