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Maz-Ing Company had a beginning inventory with a cost of $1,000. During the period, the company purchased additional inventory at a cost of $12,000.

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Maz-Ing Company had a beginning inventory with a cost of $1,000. During the period, the company purchased additional inventory at a cost of $12,000. A physical count of the inventory at the end of the period showed goods at a cost of $3,000 on hand. What was the company's cost of goods sold for the period?

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