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### A company has beginning inventory valued at $ 2 0 , 0 0 0 , purchases of $ 4 0 , 0 0 0

### A company has beginning inventory valued at $20,000, purchases of $40,000, and ending inventory of $25,000. What is the cost of goods sold?
a) $25,000
b) $30,000
c) $35,000
d) $40,000

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