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Dryer Corporation Had the Following Amounts, All at Retail What Is Dryer's Ending Inventory at Retail?
A)$34,400

question 21

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Dryer Corporation had the following amounts, all at retail:  Beginning inventory $3,600 Purchases $100,000 Purchase returns 6,000 Net markups 18,000 Abnormal shortage 4,000 Net markdowns 2,800 Sales 72,000 Sales returns 1,800 Employee discounts 1,600 Normal shortage 2,600\begin{array} { l r l r } \text { Beginning inventory } & \$ 3,600 & \text { Purchases } & \$ 100,000 \\\text { Purchase returns } & 6,000 & \text { Net markups } & 18,000 \\\text { Abnormal shortage } & 4,000 & \text { Net markdowns } & 2,800 \\\text { Sales } & 72,000 & \text { Sales returns } & 1,800 \\\text { Employee discounts } & 1,600 & \text { Normal shortage } & 2,600\end{array} What is Dryer's ending inventory at retail?


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