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Thompson Company updates its inventory records perpetually. The company's records showed a beginning inventory of $15,000; cost of goods sold of $23,000; and ending inventory

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Thompson Company updates its inventory records perpetually. The company's records showed a beginning inventory of $15,000; cost of goods sold of $23,000; and ending inventory of $17,000. How much inventory was purchased during the year? O $25,000 O $13,500 O $19,000 O $21,000

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