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On Lemon Grass Department Stores' most recent balance sheet, the balance of its inventory at...

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Accounting

On Lemon Grass Department Stores' most recent balance sheet, the balance of its inventory at the beginning of the year was $20,000. At the end of the year, the inventory balance was $22,500. During that year, its cost of goods sold was $64,000. All purchases of inventory throughout the year were on account. What was the total of Lemon Grass's purchases during the year?

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