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Calculate Cost of Good Sold using the following data: Ending Inventory 8,000 Invoice Cost of Purchases 50,000 Transportation-In 5,000 Returns & Allowances by buy

Calculate Cost of Good Sold using the following data: Ending Inventory 8,000 Invoice Cost of Purchases 50,000 Transportation-In 5,000 Returns & Allowances by buy 3,000 Beginning Inventory 10,000 Discounts Taken by buyer 1,000 Cost of Good Sold:

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