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If opening inventory is $1,600, purchase of inventory in the period totaled $4,800, credit sales in the period totaled $4,400, ending inventory is $3,400, what

If opening inventory is $1,600, purchase of inventory in the period totaled $4,800, credit sales in the period totaled $4,400, ending inventory is $3,400, what is the COGS for the period?

A.
$1,000

B.
$3,000

C.
$7,400

D.
None of the above

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	A.	$1,000
	B.	$3,000
	C.	$7,400
	D.	None of the above