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Periodic inventory by three methods; cost of goods sold. The units of an item available for sale during the year were as follows
Jan. 1 inventory 180 units at $108
Mar. 10 purchase 224 units at $110
Aug. 30 purchase 200 units at $116
Dec 12 purchase 196 units at $120
There are 208 units of the item in the physical inventory at Dec 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods

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