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Calculate the cost of goods sold for a company with the following information: Item Amount ($) Beginning Finished Goods Inventory $15,040,000 Ending Finished Goods Inventory

Calculate the cost of goods sold for a company with the following information:

Item

Amount ($)

Beginning Finished Goods Inventory

$15,040,000

Ending Finished Goods Inventory

$15,085,000

Cost of Goods Manufactured

$75,425,000

Selling and Administrative Expenses

$25,275,000

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