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The following information is available regarding costs of printers purchased and sold by XYZ Co . during the past year: If XYZ Co . uses

The following information is available regarding costs of printers purchased and sold by
XYZ Co. during the past year:
If XYZ Co. uses the perpetual LIFO inventory approach, what is the cost of goods sold for the
year-ended December 31?
a. $2,927.00
b. $2,880.00
c. $2,892.00
d. $2,884.70
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