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The following information is taken from the accounting records of Rapid Runner Inc. for the year 2021. Required: Compute the missing amount. Cost of Goods

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The following information is taken from the accounting records of Rapid Runner Inc. for the year 2021. Required: Compute the missing amount. Cost of Goods Sold Freight-in Gross Purchases Sales Ending Inventory 155 Purchase Discounts Gross Profit Beginning Inventory 158 Purchase Returns 245 30 316 416 171 58

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