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Weber Company Ltd has the following account balances.
- Weber Company Ltd has the following account balances. The net cost of goods purchased for the period is
Purchases $28,000
Sales Returns and Allowances 4,000
Discount on sales 2,500
Freight-in 1,875
Freight-out 2,500
Beginning inventory was $8,000 and ending inventory was $13,000. What was cost of goods purchased?
a. $39,600.
b. $39,300.
c. $47,300.
d. $34,600.