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15) The finished goods account began the period with $5,000 in it. During the period, $37,000 of completed goods were transferred into it. At the

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15) The finished goods account began the period with $5,000 in it. During the period, $37,000 of completed goods were transferred into it. At the end of the period, the balance in the account was $2,000. What was the cost of goods sold? a) $40,000 b) $42,000 c) $32,000 d) $30,000

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