Given the following data,what is the cost of beginning inventory? 
Definitions:
Income Statement
A financial report detailing a company's earnings and expenditures during a set timeframe, ultimately presenting the net profit or deficit for that period.
Personal Credit Card
A financial tool issued by banks allowing individuals to borrow funds for purchases, subject to repayment with interest.
Business Transaction
An economic event or condition that directly affects a company's financial statements.
Lawn Service
A type of business that provides maintenance services for lawns, such as mowing, fertilizing, and weed control.
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