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A company had sales revenue of $800,000 for the year. In addition, the following information is available related to the cost of the units

A company had sales revenue of $800,000 for the year. In addition, the following information is available related to the cost of the units sold: Gross profit $340,000 Total purchase cost Freight charges 20,000 Purchase returns 80,000 Operating expenses 150,000 Purchase discounts 40,000 What was the total purchase cost of the units sold?

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