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During the current year, Gomez Company had beginning inventory of $2,400 and ending inventory of $2,000. The cost of goods sold was $4,800. What is

During the current year, Gomez Company had beginning inventory of $2,400 and ending inventory of $2,000. The cost of goods sold was $4,800. What is the amount of inventory purchased during the year?

Multiple Choice
  • $4,800
  • $9,200
  • $4,400
  • $6,800

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