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A company provided the following data: sales, $540,000; beginning inventory, $44,000; ending inventory, $49,000; and gross profit, $186,000. What was the amount of inventory purchased

A company provided the following data: sales, $540,000; beginning inventory, $44,000; ending inventory, $49,000; and gross profit, $186,000. What was the amount of inventory purchased during the year?

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