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The 20X5 records of Western Company showed beginning inventory. $100,000; purchases $550,000; and ending inventory, $200,000. The amount of cost of goods sold to be

The 20X5 records of Western Company showed beginning inventory. $100,000; purchases $550,000; and ending inventory, $200,000. The amount of cost of goods sold to be reported in the Income Statement of 20X5 is Multiple Choice $250,000 $450,000 O $150,000 $350.000 $550,000

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