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On April 15 of the Current Year, a Fire Destroyed

Question 143

Multiple Choice

On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available: On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available: The amount of the inventory loss is estimated to be A) $96,000. B) $48,000. C) $120,000. D) $80,000. The amount of the inventory loss is estimated to be


A) $96,000.
B) $48,000.
C) $120,000.
D) $80,000.

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