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8) From the following information, compute cost of goods sold. Purchase returns Inventory, December 31...

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8) From the following information, compute cost of goods sold. Purchase returns Inventory, December 31 Freight-in Inventory, January 1 Purchases $ 1,200 2,500 1,100 2,800 15,000 a. $15,300 b. $15,200 c. $15,100 d. $15,000

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