On March 3, Cobra Inc. purchased a desk for $330 on account On March 22,...

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On March 3, Cobra Inc. purchased a desk for $330 on account On March 22, Cobra purchased another desk for $475 also on account, and then on March 24, Cobra paid $560 on account. At the end of March, what amount should Cobra report for desks (assuming these two desks were the only desks they hadi? Multiple choice $475 O $330 $805 $145

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