Barbara operates a sporting goods store.She uses the cash method and treats inventory as nonincidental supplies.At the beginning of the year, she had inventory of $26,000.She purchased $470,000 of goods during the year.Her ending inventory was $42,000.She makes sure to pay all of her suppliers by the last day of her tax year.What is Barbara's inventory deduction for the year?

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The Answer of Barbara operates a sporting goods store.She uses the cash method and treats inventory as nonincidental supplies.At the beginning of the year, she had inventory of $26,000.She purchased $470,000 of goods during the year.Her ending inventory was $42,000.She makes sure to pay all of her suppliers by the last day of her tax year.What is Barbara's inventory deduction for the year?

Barbara Operates a Sporting Goods Store