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McLeod Corporation is a merchandising company. The year began with inventory of $26.000, Purchases for the year were $1,000, and the Ending inventory was 502.000.

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McLeod Corporation is a merchandising company. The year began with inventory of $26.000, Purchases for the year were $1,000, and the Ending inventory was 502.000. What is the cost of Goods Sold that would be reported on the income statement Moe Choice 1000 So $37000 $65.000

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