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Baker Foods has beginning inventory for the year of $12,000. During the year, Baker purchases...

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Accounting

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Baker Foods has beginning inventory for the year of $12,000. During the year, Baker purchases inventory for $150,000 and ends the year with $20,000 of inventory. Baker will report cost of goods sold equal to: . $150,000 B. $170,000. O C. $158,000 O D. $142,000

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