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Question text Mrs. Downer sells computer accessories. Inventory was valued at $27 500 at the...

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Accounting

Question text Mrs. Downer sells computer accessories. Inventory was valued at $27 500 at the beginning of the year and $32 000 at the end of the year. During the year, she made sales of$75 000 and purchases of $57 000.

Calculate the gross profit figure at the end of the year.

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