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The following information was provided by Grand Company for the year just ended: decrease in finished goods inventory: 4,655 sales: 500,000 gross margin: 100,000 What

The following information was provided by Grand Company for the year just ended:

decrease in finished goods inventory: 4,655

sales: 500,000

gross margin: 100,000

What was the cost of goods manufactured for the year?

$95,345.

$104,655.

$395,345.

$404,655.

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