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Marigold Inc reported beginning inventory of $21000. During the period, purchases were $146000; purchase returns, $3900; and freight in $10700. A physical count of inventory
Marigold Inc reported beginning inventory of $21000. During the period, purchases were $146000; purchase returns, $3900; and freight in $10700. A physical count of inventory at the end of the period revealed that $31000 was still on hand. The cost of goods available for sale was O $181600. O $173800, O $163100 O $170900
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