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Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discounts $ 5,800 Transportation-in 7,700

Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discounts $ 5,800 Transportation-in 7,700 Ending inventory 40,800 Gross merchandise cost 356,000 Purchases returns 9,700 Beginning inventory 31,600 Sales discounts 11,600

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