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Carr Corporation has provided the following information for its most recent month of operation: sales $9,500; beginning inventory $1,750; ending inventory $2,750 and gross profit

Carr Corporation has provided the following information for its most recent month of operation: sales $9,500; beginning inventory $1,750; ending inventory $2,750 and gross profit $5,250. How much were Carrs inventory purchases during the period?

$11,250.

$5,250.

$5,300.

$8,750.

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