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Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $ 6 1 , 9 0 0 . The company's

Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $61,900. The company's beginning merchandise inventory was $17,600 and its ending merchandise inventory was $26,200. What was the total amount of the company's merchandise purchases for the month?
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$53,300
$61,900
$70,500
$105,700

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