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During 2 0 2 1 , Clark's Chemical Company received refundable deposits on returnable containers in the amount of $ 1 0 0 , 0

During 2021, Clark's Chemical Company received refundable deposits on returnable containers in the amount of $100,000. Twelve percent of the containers were not returned. The deposits are based on the container cost marked up 20%. What is the cost of goods sold relative to this forfeiture?
$0
$2,000
$10,000
$14,400

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