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Mountain Climbing Gear is a retail seller and it recorded the following data for the month of January: Cost of beginning inventory: $52,000 Cost of
Mountain Climbing Gear is a retail seller and it recorded the following data for the month of January:
- Cost of beginning inventory: $52,000
- Cost of ending inventory: $40,000
- Cost of goods sold: $150,000
Inventory purchases for the month of January total:
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