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7) The following information is available for Chile Company for 2020: Freight-in $102,000 Purchase returns 165,000 Selling expenses 516,000 Ending inventory 380,000 The cost of

7) The following information is available for Chile Company for 2020: Freight-in $102,000 Purchase returns 165,000 Selling expenses 516,000 Ending inventory 380,000 The cost of goods sold is equal to 350% of selling expenses. What is the cost of goods available for sale?

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