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Thompson Company had beginning inventory of $6,000, cost of goods sold of $14,000, and ending inventory of $8,000. Purchases were: $12,000. $10,000. $9,000. $16,000.

Thompson Company had beginning inventory of $6,000, cost of goods sold of $14,000, and ending inventory of $8,000. Purchases were: $12,000. $10,000. $9,000. $16,000.

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