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Haab Inc. is a merchandising company. Last month the company's cost of goods sold was $69,400. The company's beginning merchandise inventory was $11,600 and its

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Haab Inc. is a merchandising company. Last month the company's cost of goods sold was $69,400. The company's beginning merchandise inventory was $11,600 and its ending merchandise inventory was $29,400. What was the total amount of the company's merchandise purchases for the month? $87,200 $110,400 $51,600 $69,400

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