Dave's Duds reported cost of goods sold of $1,900,000 this year. The inventory account increased...
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Accounting
Dave's Duds reported cost of goods sold of $1,900,000 this year. The inventory account increased by $220,000 during the year to an ending balance of $455,000. What was the cost of the merchandise inventory that Dave's purchased during the year?
Multiple Choice
$2,355,000
$1,445,000
$2,120,000
$1,680,000
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