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The following is selected information from Mars Corp. Compute net purchases for the...

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Accounting

The following is selected information from Mars Corp. Compute net purchases for the month of March.
Mars Corp data
Inventory, February 28 $416,565
Inventory, March 31339,142
Purchase discounts 11,208
Purchase returns and allowances 23,903
Sales 258,455
Sales discounts 30,336
Gross purchases 113,511

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