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help i will rate thank you Chazen Company's inventory balance at the beginning of the year was $9,200. During the year, the company had Purchases

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Chazen Company's inventory balance at the beginning of the year was $9,200. During the year, the company had Purchases of $62,000 and Purchases Returns and Allowances of $5,200. The company's inventory balance at the end of the year is $7,200. Compute cost of goods sold for the year assuming Chazen uses the periodic inventory system

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