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PLEASE HELP ASAP!! WILL GIVE FEEDBACK Ortiz & Co. reported cost of goods sold of $2,200,000 this year. The inventory account increased by $180,000 during
PLEASE HELP ASAP!! WILL GIVE FEEDBACK
Ortiz & Co. reported cost of goods sold of $2,200,000 this year. The inventory account increased by $180,000 during the year to an ending balance of $585,000. What was the cost of merchandise that Ortiz's purchased during the year?
Multiple Choice
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$2,380,000.
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$2,020,000.
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$1,615,000.
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$2,785,000.
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