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18. The accounting records of Java Express Co show the following data. Beginning inventory 4000 at 3$. Purchases 6000 units at 4$. Sales 7000 units

18. The accounting records of Java Express Co show the following data.

Beginning inventory 4000 at 3$.

Purchases 6000 units at 4$.

Sales 7000 units at 12.

Cost of goods sold during period under a periodic inventory system using FIFO method.

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