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On Oak Leaf Department Stores' most recent balance sheet, the balance of its inventory at the beginning of the year was $10,000. At the

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On Oak Leaf Department Stores' most recent balance sheet, the balance of its inventory at the beginning of the year was $10,000. At the end of the year, the inventory balance was $21,500. During that year, its cost of goods sold was $58,000. All purchases of inventory throughout the year were on account. What was the total of Oak Leafs purchases during the year? Oak Leaf's total purchases during the year were

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