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For the current fiscal year, Purchases were $350,000, Purchases Returns and Allowances were $5,000 and...

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Accounting

For the current fiscal year, Purchases were $350,000, Purchases Returns and Allowances were $5,000 and Freight In was $29,000. If the beginning merchandise inventory was $210,000 and the ending merchandise inventory was $95,000, the Cost of Goods Sold is:

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