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What cost of goods sold for amounted to

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Reference no: EM132757295

During the year 2008, Siska Corporation had the following information available related to its income statement:

Disbursements for purchases $630,000

Increase in trade accounts payable 80,000

Decrease in merchandise inventory 25,000

Interest 70,000

Problem 1: Cost of goods sold for 2008 amounted to

Reference no: EM132757295

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