Finished goods inventory-how much is amount of gross profit

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Barger Company had the following information at December 31: Finished goods inventory, January 1 $90,000 Finished goods inventory, December 31 126,000 If the cost of goods manufactured during the year amounted to $1,995,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Reference no: EM13748751

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