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QUESTION

Kutlow, Inc. had cost of goods sold of $112,000 for the year ended December 31, 20x8.

Kutlow, Inc. had cost of goods sold of $112,000 for the year ended December 31, 20x8. The Finished Goods Inventory on January 1, 20x8 was $28,000 and the Finished Goods Inventory on December 31, 20x8 was $17,000. What was the amount of Cost of Goods Manufactured for the year?

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