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During Year 1 , Barnyard Hens, Inc. had a decrease In Inventory of $ 5 0 , 0 0 0 . On the Income statement

During Year 1, Barnyard Hens, Inc. had a decrease In Inventory of $50,000. On the Income statement for Year 1, cost
of goods sold was report as $263,000, therefore, the purchases durlng the year must have been:
Multiple Choice
$156,500.
$263,000.
$313,000.
$213,000.

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