Keating Auto Mart had a beginning inventory of $2,000,00 . at retail. Keating had quarterly inventories of $7,000,00 . at the end of Q1, $7,000,00 . at the end of Q2, $5,000,00 . at the end of Q3, and $6,000,00 . at year-end. If the year-end inventory for Keating had been the same as the beginning of the year inventory, what would have been the average inventory for the year?
$4,600,000
Business
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