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Cullumber Company sold goods with a total selling price of $802,300 during the year. It purchased goods for $390,500 and had beginning inventory of $69,600.
Cullumber Company sold goods with a total selling price of $802,300 during the year. It purchased goods for $390,500 and had beginning inventory of $69,600. A count of its ending inventory determined that goods on hand was $53,600
What was its cost of goods sold? ______________
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