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Business, 05.12.2019 23:31 niyah0623

This year, yuan started a business selling computer parts both in-store and online. he purchased via credit card, $60,000 of goods during the year. his ending inventory was $9,000. for tax purposes, yuan adopted the cash method and the treatment of inventory as deductible when purchased per his books. his deduction for inventory for the year is:
a) $69,000.
b) $60,000.
c) $51,000.
d) none of these above

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