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Business, 22.02.2020 01:41 darius12318

Stone Pine Corporation, a calendar year taxpayer, has ending inventory of $160,000 on December 31, 2018. During the year, the corporation purchased additional inventory of $415,000. If cost of goods sold for 2018 is $470,000, what was the beginning inventory at January 1, 2018?

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Stone Pine Corporation, a calendar year taxpayer, has ending inventory of $160,000 on December 31, 2...
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