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Boron Company has sales of $55,000, beginning inventory of $5,000, purchases of $30,000, and ending inventory of $1,000. The cost of goods sold is: $35,000.
Boron Company has sales of $55,000, beginning inventory of $5,000, purchases of $30,000, and ending inventory of $1,000. The cost of goods sold is:
$35,000.
$34,000.
$24,000.
$30,000.
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