Question: CALCULATOR s Do It! Review 5-05 x Your answer is incorrect. Try again. Cullumber Corporation's accounting records show the following at year-end December 31, 2022:
CALCULATOR s Do It! Review 5-05 x Your answer is incorrect. Try again. Cullumber Corporation's accounting records show the following at year-end December 31, 2022: Purchase Discounts $7,360 Beginning Inventory $32,670 Freight-in 8,720 Ending Inventory 28,290 Freight-Out 12,990 Purchase Returns and Allowances 4,140 Purchases 165,180 Assuming that Cullumber Corporation uses the periodic system, compute cost of goods purchased and cost of goods sold. Cost of goods purchased 32670 Cost of goods sold 28290 LINK TO TEXT
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