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Question: greyco collected 8300 of customer deposits on cans and bottles...
Question details
GreyCo collected $8,300 of customer deposits on cans and bottles. As of the end of the accounting period, GreyCo has redeemed 67% of the deposits, and concludes that 13% of the deposits have been forfeited. GreyCo 's remaining liability on these deposits is $_____________:
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