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A company has beginning inventory for the year of $14,000. During the year, the company purchases inventory for $140,000 and ends the year with $25,000

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A company has beginning inventory for the year of $14,000. During the year, the company purchases inventory for $140,000 and ends the year with $25,000 of inventory. The company will report cost of goods sold equal to: Multiple Choice $165,000 $140,000 $151,000 $129,000

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