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Lulu Ltd. uses a perpetual inventory system. During the month, Lulu purchased $29158 worth of inventory, paid transportation costs of $876, and took advantage of
Lulu Ltd. uses a perpetual inventory system. During the month, Lulu purchased $29158 worth of inventory, paid transportation costs of $876, and took advantage of a $40 purchase discount. All of the inventory purchased was sold. What would the cost of goods sold be for the month, assuming that beginning inventory was zero
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