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(5 points) Linda Corp. reported gross profit of $6,366,000 for their first year of operations. If they purchased $8,467,000 of inventory during the year and

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(5 points) Linda Corp. reported gross profit of $6,366,000 for their first year of operations. If they purchased $8,467,000 of inventory during the year and had $3,386,800 of inventory on hand at the end of the year, what should they report as net sales for the period? (A 21) $18,219,800$11,446,200$5,080,200$2,101,000

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