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A company has beginning inventory for the year of $13,000. During the year, the company purchases inventory for $160,000 and ends the year with $29,000

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A company has beginning inventory for the year of $13,000. During the year, the company purchases inventory for $160,000 and ends the year with $29,000 of Inventory. The company will report cost of goods sold equal to: Multiple Choice $160,000 $189.000 $144,000 $176.000

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