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Please solve this problem Silas Company sold goods with a total selling price of $800,000 during the year. It purchased goods for $380,000 and had

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Silas Company sold goods with a total selling price of $800,000 during the year. It purchased goods for $380,000 and had beginning inventory of $67,000. A count of its ending inventory determined that goods on hand was $50,000. What was its cost of goods sold? Cost of goods sold $497,000

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