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Haar Inc. is a merchandising company. Last month the company's cost of goods sold was $70,400. The company's beginning merchandise inventory was $14,700 and its

Haar Inc. is a merchandising company. Last month the company's cost of goods sold was $70,400. The company's beginning merchandise inventory was $14,700 and its ending merchandise inventory was $25,000. What was the total amount of the company's merchandise purchases for the month?

a $70,400
b $60,100
c $80,700
d $110,100

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