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Firm x purchased $ 3 1 , 0 0 0 worth of inventory when they opened for business, adding to the $ 2 2 ,

Firm x purchased $31,000 worth of inventory when they opened for business, adding to the $22,000 included in the acquisition. At the end of the first quarter, inventory was valued t $22,000. What was cost of goods sold (COGS) for the quarter?
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