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XWY Co. started the year with $50,000 in inventory, ended the year with $65,000 in inventory, and had cost of goods sold for the year

"XWY Co. started the year with $50,000 in inventory, ended the year with $65,000 in inventory, and had cost of goods sold for the year in the amount of $320,000. What is the amount of purchases for the year?"

Question 16 options:

"$335,000 "

"$305,000 "

"$435,000 "

"$205,000 "

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