Business, 24.04.2020 18:21, alexandergoetz8239

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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Barbara operates a sporting goods store. She uses the cash method and treats inventory as noninciden...