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Financial Statements of XYZ Corp. indicates that ending inventory levels in 2018 and 2019 were $280,000 and $415,000 respectively. Cost of goods sold for 2018

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Financial Statements of XYZ Corp. indicates that ending inventory levels in 2018 and 2019 were $280,000 and $415,000 respectively. Cost of goods sold for 2018 and 2019 were $2,263,000 and $2,200,000 respectively. Purchases in 2019 were

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