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Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $67,700. The company's beginning merchandise inventory was $11,900 and its

Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $67,700. The company's beginning merchandise inventory was $11,900 and its ending merchandise inventory was $28,900. What was the total amount of the company's merchandise purchases for the month?

Multiple Choice

  • $67,700

  • $50,700

  • $84,700

  • $108,500

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