Healthy Food, Inc. has the following items for August:
Normal gross profit of 40%
Net sales revenue of $637,500
Net purchases of $289,600
Beginning inventory is $210,800
Calculate the ending inventory using the gross profit method.

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The Answer of Healthy Food, Inc. has the following items for August:
Normal gross profit of 40%
Net sales revenue of $637,500
Net purchases of $289,600
Beginning inventory is $210,800
Calculate the ending inventory using the gross profit method.