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Business, 18.02.2020 17:47 bercishicicorbin

Walberg Associates, antique dealers, purchased goods for $39,100. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $2,000. Walberg Associates insured the shipment at a cost of $310. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $650. Determine the cost of the inventory acquired from the estate.

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Walberg Associates, antique dealers, purchased goods for $39,100. Terms of the purchase were FOB shi...
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