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Sales and Cost of Goods Sold: Buckeye had gross receipts of $ 8 1 5 , 0 0 0 . Customers returned items totaling $
Sales and Cost of Goods Sold:
Buckeye had gross receipts of $ Customers returned items totaling $ The inventory at the beginning of the year was $ and was $ at the end of the year. Purchases during the year were $ Determine the business income using the cash basis method.
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