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Sipco, Inc, a wholesaler, purchased $175,000 of inventory during the year, incurred trarsportation-in costs of $21,000, and shipping costs of $14,000. The company had $10,000 of inventory on hand at the beginning of the year and $7,000 on hand at the end of the year. What is the cost of goods for the year? O $199.000 $193,000 O None of these