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Happy Heart Happy Heart Exercise Equipment Company had a beginning inventory of $160,000 at cost. During the month, Happy purchased and received $120,000 in goods

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Happy Heart Happy Heart Exercise Equipment Company had a beginning inventory of $160,000 at cost. During the month, Happy purchased and received $120,000 in goods and had net sales of $130,000. Throughout the month, Happy Heart Exercise Equipment Company maintained a 35% markup on all sales. Refer to Happy Heart. Compute the cost of goods sold. $84,500 O $45,500 $195,500 $150,000

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