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WalkerCo reported cost of goods sold of $3,577. Inventory at the beginning of the year was $348 and at the end of the year, $467.

WalkerCo reported cost of goods sold of $3,577. Inventory at the beginning of the year was $348 and at the end of the year, $467. The LIFO reserve at the beginning of the year was $127 and at the end of the year $95. If the company had used the FIFO inventory costing method, what would the company have reported as cost of goods sold?

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