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Exercise 6-43 Applying the Cost of Goods Sold Model The following amounts were obtained from...

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Exercise 6-43 Applying the Cost of Goods Sold Model The following amounts were obtained from the accounting records of Steed Company: Required: Compute the missing amounts. 2017 2018 2019 Beginning inventory $9,600 Net purchases $55,300 $51,100 Ending inventory 11,200 13,750 Cost of goods sold 44,500 49,800

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