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Calculate the cost of goods sold (COGS) for Amazon.com Inc. for the fiscal year ending December 31, 20X8, using the following information: Particulars Amount ($)

Calculate the cost of goods sold (COGS) for Amazon.com Inc. for the fiscal year ending December 31, 20X8, using the following information:

Particulars

Amount ($)

Beginning Inventory

$20,000

Purchases

$100,000

Ending Inventory

$30,000

Freight-In

$5,000

Purchase Returns

$2,000

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