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AEC Ltd has the following account balances. The net cost of goods purchased for the period is: Purchases $35,000 Sales returns and allowances 6,000 Discount

AEC Ltd has the following account balances. The net cost of goods purchased for the period is: Purchases $35,000 Sales returns and allowances 6,000 Discount on sales 2,100 Freight-in 1,750 Freight-out 2,500 Select one A. $36,750 B. $37,500. C. $41,000. D. $39,250

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