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During the year,lail Shop's inventory decreased by $35,000. If the company's cost of goods sold for the year was $600,000, purchases must have been Select

image text in transcribed During the year,lail Shop's inventory decreased by $35,000. If the company's cost of goods sold for the year was $600,000, purchases must have been Select one: a. Unable to determine b. $565,000. c. $600,000. d. $635,000

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