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The following information relates to Sauk Corporation's operations for 20X6. SAUK CORPORATION INFORMATION RELATING TO COMPANY OPERATIONS FOR YEAR 20X6 Inventory, 12/31/X5 60,000 Inventory, 12/31/X6
The following information relates to Sauk Corporation's operations for 20X6. SAUK CORPORATION INFORMATION RELATING TO COMPANY OPERATIONS FOR YEAR 20X6 Inventory, 12/31/X5 60,000 Inventory, 12/31/X6 52,000 Accounts Payable, 12/31/X5 5,000 Accounts Payable, 12/31/X6 4,000 Cost of Goods Sold during 20X6 260,000 The amount of cash payments made during 20x6 associated with inventory items was: Select one: a. $253,000 b. $ 267,000. c. $251,000 d. $269,000
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