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Business, 08.09.2020 14:01 hma9153

Willie Nelson's Boots uses the conventional retail method to estimate ending inventory. Cost data for the most recent quarter is shown below: Cost Retail
Beginning inventory $49,000 $56,000
Net purchases 164,000 207,000
Net markups 21,000
Net markdowns 27,000
Net sales 229,000
To the nearest thousand, estimated ending inventory using the conventional retail method is (Do not round intermediate calculations):

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