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Woods Company had an inventory balance of $4,200 on January 1. During the accounting period they made purchases of $12,500. The ending inventory balance was
Woods Company had an inventory balance of $4,200 on January 1. During the accounting period they made purchases of $12,500. The ending inventory balance was $2,250. If Woods Co. uses the periodic inventory system, what's the cost of inventory sold during the period?
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