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Novak Corp. sold goods with a total selling price of $807,700 during the year. It...

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Novak Corp. sold goods with a total selling price of $807,700 during the year. It purchased goods for $391,000 and had beginning inventory of $65,200. A count of its ending inventory determined that goods on hand was $53,300. What was its cost of goods sold? Cost of goods sold

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