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Corporation H provides the following information: Sales $205,000 Beginning inventory 20,000 Ending inventory 28,000 The companys gross margin is 25%. How much inventory did the

Corporation H provides the following information:

Sales

$205,000

Beginning inventory

20,000

Ending inventory

28,000

The companys gross margin is 25%. How much inventory did the company purchase?

  • A.

    $161,750

  • B.

    $208,000

  • C.

    $171,750

  • D.

    $160,750

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