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What the cost of goods purchased is

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Sampson Company's accounting records show the following for the year ending December 31, 2020:

Purchase Discounts £ 28,000

Freight-In 39,000

Purchases 1,000,050

Beginning Inventory 117,500

Ending Inventory 144,000

Purchase Returns 32,000

Question 1: Using the periodic system, the cost of goods purchased is

Reference no: EM132538429

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