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NiCo uses the periodic method and has the following accounts balances: Purchase Returns $17,000; Begging Inventory $4,000; Purchases $193,000; Freight-in $11,000, and Accounts Payable $23,000.

NiCo uses the periodic method and has the following accounts balances: Purchase Returns $17,000; Begging Inventory $4,000; Purchases $193,000; Freight-in $11,000, and Accounts Payable $23,000. What are NiCo's net purchases?

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