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Pina Colada Limited has the following information in its accounting records as at December 31, 2021: Purchases Freight in Purchase returns and allowances Beginning

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Pina Colada Limited has the following information in its accounting records as at December 31, 2021: Purchases Freight in Purchase returns and allowances Beginning inventory $129000 4000 12000 56000 A physical inventory count revealed that there was $67000 in ending inventory. The cost of goods purchased is $133000. $121000. $129000. $117000.

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