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R.R. is a merchandising company. Last month the company's merchandising purchases totalled 87,000. The company's opening merchandising inventory was 15,000 and its closing inventory was

R.R. is a merchandising company. Last month the company's merchandising purchases totalled 87,000. The company's opening merchandising inventory was 15,000 and its closing inventory was 13,000. What was the Cost of Goods Sold (COGS) for the month? 89,000 84,000 112,000 86,000

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