For last month, Blossom Corp.'s cost of goods sold and ending inventory were $220000 and...

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Accounting

For last month, Blossom Corp.'s cost of goods sold and ending inventory were $220000 and $301000 respectively. Assuming Blossom
had neither purchases nor returns during the month, what was the cost of its beginning inventory?
$521000
$81000
$301000
Cannot be determined from the information given.
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