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Problem 1 (Part Level Submission)

You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory.

Problem 2 (Part Level Submission) Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses the LIFO inventory method.

Exercise 3 During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund.

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