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An optician's shop had an inventory of NOK 3 5 0 , 0 0 0 at the turn of the year. The company purchased goods

An optician's shop had an inventory of NOK 350,000 at the turn of the year. The company purchased goods twice in January: on January 7 for NOK 430,000 and on January 23 for NOK 190,000, both amounts including 25% VAT. When counting the inventory on 31 January, it turns out that the company had goods in stock for NOK 475,000. Ordinary profit before tax costs in January was NOK 20,000.
What is the cost of goods sold for the company in January?

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