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question esquire corp uses the periodic inventory system during itsfirst year of ope 4285321


Esquire Corp. uses the periodic inventory system. During itsfirst year of operations, Esquire made the following purchases(list in chronological order of acquisition):


20 units at$50


35 units at$40


85 units at$30


Sales for the year totaled 135units, leaving 5 units on hand at the end of the year.


Ending inventory using the LIFOmethod is






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