Analyzing changes in inventory. General Electric Company reported a balance o' $8,565 mil- lion in inventory at

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Analyzing changes in inventory. General Electric Company reported a balance o\' $8,565 mil- lion in inventory at the beginning Year 12 and $9,247 million at the end of Year 12. Its income statement reported cost of goods sold of $63,072 million for Year 12. Compute the cost of inventory either purchased or manufactured during Year 12.

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