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Baldwin, Inc. had the following balances and transactions during2019: Beginning Merchandise Inventory as of January1, 2019 175 units at $82 March 10 Sold 80 units

Baldwin, Inc. had the following balances and transactions during2019:

Beginning Merchandise Inventory as of January1, 2019

175 units at $82

March 10

Sold 80 units

June 10

Purchased 270 units at $86

October 30

Sold 255 units

What would be reported as Cost of Goods Sold on the income statement for the year ending December31, 2019 if the perpetual inventory system and the firstin, firstout inventory costing method areused?

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