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Cost of Goods Sold (COGS) Calculation : A retailer purchased inventory for $100,000, incurred $20,000 in transportation costs, and paid $5,000 in import duties. Calculate
Cost of Goods Sold (COGS) Calculation: A retailer purchased inventory for $100,000, incurred $20,000 in transportation costs, and paid $5,000 in import duties. Calculate the cost of goods sold (COGS) for the retailer.
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