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Beginning inventory 20000, purchases 290000, purchase returns 10000, freight in 5000, purchase discount 15000, ending inventory 30000, sales 300000, sales discount 8000, cost of goods
Beginning inventory 20000, purchases 290000, purchase returns 10000, freight in 5000, purchase discount 15000, ending inventory 30000, sales 300000, sales discount 8000, cost of goods sold is?
a.
290000.
b.
270000.
c.
255000.
d.
260000.
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