plz help On January 1, 2023, the merchandise inventory of Cullumber Corp. was...
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On January 1, 2023, the merchandise inventory of Cullumber Corp. was $605100. During 2023, Cullumber purchased $1157700 of merchandise and recorded sales of $1357700. The gross profit rate on these sales was 25%. What is the estimated dollar value of the inventory at December 31 ? $744525$331350$1018275$339425
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