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Based upon the following data, determine the cost of merchandise sold for April: |Merchandise inventory, April 1 |$128,120 |Merchandise inventory, April 30 |140,500 |Purchases |983,400

Based upon the following data, determine the cost of merchandise sold for April:

|Merchandise inventory, April 1 |$128,120

|Merchandise inventory, April 30 |140,500

|Purchases |983,400

|Purchases returns and allowances |10,250

|Purchases discounts |8,000

|Transportation in|5,680

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