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From the following information, compute cost of goods sold. Purchase returns $ 200 Inventory, December 31 1,500 Freight-in 100 Inventory, January 1 1,800 Purchases 5,000
From the following information, compute cost of goods sold.
Purchase returns $ 200
Inventory, December 31 1,500
Freight-in 100
Inventory, January 1 1,800
Purchases 5,000
a. $5,300
b. $5,200
c. $5,100
d. $5,000
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