Question: Using the information below, find Alpha's total gross purchases (not net purchases). Ending inventory Beginning Inventory Purchase returns & allowances $ 700 2,000 300

Using the information below, find Alpha's total gross purchases (not net purchases). Ending inventory Beginning Inventory Purchase returns & allowances $ 700 2,000 300 Purchase discounts 200 Operating expenses 2,400 Sales returns & allowances 800 Sales discounts 200 Net Income 800 Income tax expense 200 Sales 8,300

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