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Prepare a schedule of cost of goods sold for Rodolfo Manufacturing, Inc. for the year ending December 31, 2022 using the following information: Purchase Returns

Prepare a schedule of cost of goods sold for Rodolfo Manufacturing, Inc. for the year ending December 31, 2022 using the following information: 

Purchase Returns & Allowances 23,000 

Ending Inventory 221,000 

Purchase Discounts 12,000

Beginning Inventory 55,000 

Purchases 500,000 

Transportation-In 1,000


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