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Submerine Inc's sales revenue for year 1 is $5,640 with gross profit percentage of 40%. Also during the year Submerine Inc's Inventory decreased by $1,310.
Submerine Inc's sales revenue for year 1 is $5,640 with gross profit percentage of 40%. Also during the year Submerine Inc's Inventory decreased by $1,310.
Required: The net purchases for the period must have been: $
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