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The children's department of a major department store had $615,000 in merchandise at the beginning of the year During the year, $836,000 purchases were made.

The children's department of a major department store had $615,000 in merchandise at the beginning of the year During the year, $836,000 purchases were made. Assuming the year end inventory was $573,200, what is the cost of goods sold? What was the total amount of merchandise available for sale?

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