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Flag company had a $34000 beginning inventory and a $40000 ending inventory. Net sales were $172000; purchases, $71000; purchase returns and allowances, $3000; and freight

Flag company had a $34000 beginning inventory and a $40000 ending inventory. Net sales were $172000; purchases, $71000; purchase returns and allowances, $3000; and freight in $8000. Cost of Goods Sold for period is:

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