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Rainier Industries has Raw materials inventory on January 1, 20x8 of $33,600 and Raw materials inventory on December 31, 20x8 of $27,800. If raw materials
Rainier Industries has Raw materials inventory on January 1, 20x8 of $33,600 and Raw materials inventory on December 31, 20x8 of $27,800. If raw materials used during the year were $146,000 what was the amount of raw materials purchased during the year?
Multiple Choice
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$140,200.
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$151,800.
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$146,000.
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$157,600.
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None of the answers is correct.
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