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Acme, Inc. had cost of goods sold of $3,500. If beginning inventory was $3,600 and ending inventory was $1,250, Acme's purchases must have been: $1,350.

Acme, Inc. had cost of goods sold of $3,500. If beginning inventory was $3,600 and ending inventory was $1,250, Acme's purchases must have been:

$1,350.

$5,850.

$1,150.

$2,350.

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