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Tamarisk, Inc. sold goods with a total selling price of $ 8 0 3 , 0 0 0 during the year. It purchased goods for

Tamarisk, Inc. sold goods with a total selling price of $803,000 during the year. It purchased goods for $398,200 and had beginning
inventory of $65,000. A count of its ending inventory determined that goods on hand was $59,700.
What was its cost of goods sold?
Cost of goods sold
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