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Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $70,300. The company's beginning merchandise inventory was $19,700 and its

Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $70,300. The company's beginning merchandise inventory was $19,700 and its ending merchandise inventory was $27,700. What was the total amount of the company's merchandise purchases for the month?

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