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D company purchased goods with a list price of $60000, subject to trade discounts of 20% and 10% with a 2% cash discount allowed if

D company purchased goods with a list price of $60000, subject to trade discounts of 20% and 10% with a 2% cash discount allowed if payment is made within 10 days of receipt. D company uses the gross method of recording purchases.

D company should record the cost of this merchandise as $_______

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