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Business, 08.11.2019 20:31 Historyfinder
Walberg associates, antique dealers, purchased goods for $38,500. terms of the purchase were fob shipping point, and the cost of transporting the goods to walberg associates's warehouse was $1,700. walberg associates insured the shipment at a cost of $250. prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $590. determine the cost of inventory.
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