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Opening Inventory 350 Purchases 2900 Purchases Discounts 5 Purchases Returns and Allowances 19 Transportation-In 107 Ending inventory amounts to $434. Required : Calculate cost of

Opening Inventory	350
Purchases	2900
Purchases Discounts	5
Purchases Returns and Allowances	19
Transportation-In	107

Ending inventory amounts to $434.

Required: Calculate cost of goods sold.

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