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7. Chicago Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the first quarter of the current year:

7. Chicago Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the first quarter of the current year: Beginning Raw Materials Ending Raw Materials Jan. Purchases Feb. Purchases Mar. Purchases $10,000 $12,000 $6,000 $4,000 $5,000 Calculate the amount of Raw Materials used for the quarter (not a multiple choice question).

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