Question: Please answer the question attached in the picture. Provide explanation or calculation work of the answer. Please and Thak you. A company reports its 204

Please answer the question attached in the picture. Provide explanation or calculation work of the answer. Please and Thak you.

Please answer the question attached in the picture. Provide explanation or calculation

A company reports its 204 cost of goods sold at $10 million. Its ending inventory for 204 is $1.5 million and for 203, ending inventory was $1.2 million. How much inventory did the company purchase during 204 ? Multiple Choice $12.7 million None of the other alternatives are correct $10.3 million $13.3 million \$13.0 million

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