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Use the following information to determine the amount of purchases for the period. 20 $550,000 5 points Cost of goods sold for the year 2010

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Use the following information to determine the amount of purchases for the period. 20 $550,000 5 points Cost of goods sold for the year 2010 Ending inventory, December 31, 2010 Beginning inventory, January 11,2010 $148,000 $190,000 8 01:57:04 eBook Multiple Choice $360,000 $698,000 $508,000 $740,000

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