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ItemSkipped Item 5 Carolina Mills purchased $280,000 in supplies this year. The supplies account increased by $25,000 during the year to an ending balance of

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Item 5

Carolina Mills purchased $280,000 in supplies this year. The supplies account increased by $25,000 during the year to an ending balance of $76,000. What was supplies expense for Carolina Mills during the year?

Multiple Choice

$305,000

$205,000

$255,000

$355,000

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