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Destiny Industries Reports Beginning Inventory of $253,000,purchases of $556,000,and Ending

Question 131

Multiple Choice

Destiny Industries reports beginning inventory of $253,000,purchases of $556,000,and ending inventory of $195,000.What is the cost of goods sold?

A) $809,000
B) $1,345,000
C) $614,000
D) $1,062,000

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