Business, 21.12.2019 03:31 ayoismeisjjjjuan

Stone pine corporation, a calendar year taxpayer, has ending inventory of $150,000 on december 31, 2012. during the year 2012, the corporation purchased additional inventory of $375,000. if cost of goods sold for 2012 is $470,000, what was the beginning inventory at january 1, 2012?

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Stone pine corporation, a calendar year taxpayer, has ending inventory of $150,000 on december 31, 2...