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A company provided the following data: sales, $630,000; beginning inventory, $53,000; ending inventory, $58,000; and gross profit, $267,000. What was the amount of inventory purchased

A company provided the following data: sales, $630,000; beginning inventory, $53,000; ending inventory, $58,000; and gross profit, $267,000. What was the amount of inventory purchased during the year? $635,000. $368,000. $358,000. $363,000.

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