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A company has beginning inventory for the year of 5 3 , 5 0 0 . Durig the year the company purchases inventory for $

A company has beginning inventory for the year of

53, 500 .

Durig the year the company purchases inventory for $

160, 000

and ends the year with $

22, 000

of inventory. The compary will report cost of goods sold equal to:

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