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No Regerts, Inc. creates monthly financial statements. As of 2/1/21, the company reports inventory of...

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Accounting

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No Regerts, Inc. creates monthly financial statements. As of 2/1/21, the company reports inventory of $57,000. During the month of February, No Regerts had inventory purchases of $183,000. The company counts its inventory on 2/28/21 and determines that it has $52,000 of inventory left on its shelves. Based on the information above, how much did the company record as Cost of Goods Sold during February? Enter your answer as a positive number below

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