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The following information pertains to Munchowster Co. for 2023: Purchases$260,000Inventory, 1/1/2340,000Purchase Returns7,640Purchase Discounts880Freight-In 12,400Interest Expense2,400Cash4,000Inventory, 12/31/2348,000 Cost of goods sold for 2023 = $______
The following information pertains to Munchowster Co. for 2023:
Purchases$260,000Inventory, 1/1/2340,000Purchase Returns7,640Purchase Discounts880Freight-In 12,400Interest Expense2,400Cash4,000Inventory, 12/31/2348,000Cost of goods sold for 2023 = $______
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