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Russell Retail Group begins the year with inventory of $63,000 and ends the year with inventory of $53,000. During the year, the company has four purchases for the following amounts. Purchase on February 17 $ 218,000 Purchase on May 6 138,000 Purchase on September 8 168,000 Purchase on December 4 418,000 Required: Calculate cost of goods sold for the year.
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Russell Retail Group begins the year with inventory of $63,000 and ends the year with inventory of $...
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