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5 Based upon the following data, determine the cost of merchandise sold for May Merchandise Inventory, May 1 $132,200 152,000 875,000 20,000 Merchandise Inventory, May

5 Based upon the following data, determine the cost of merchandise sold for May Merchandise Inventory, May 1 $132,200 152,000 875,000 20,000 Merchandise Inventory, May 31 Purchases Purchases Discounts Transportation In 15,300 (10 percent)

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