Haack Inc.is a merchandising company.Last month the company's cost of goods sold was $84,000.The company's beginning merchandise inventory was $20,000 and its ending merchandise inventory was $18,000.What was the total amount of the company's merchandise purchases for the month?
A) $82,000.
B) $84,000.
C) $86,000.
D) $122,000.
Correct Answer:
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