Palangga Company provided the following information for the current year: Beginning inventory 400 000 Freight in 300,000 Purchase returns 900,000 Ending inventory 500,000 Distribution Cost 1,250,000 Sales discount 250,000 The cost of goods sold is six times the distributions costs. What is the amount of gross purchases? a. 6,500,000 b. 6,700,000 c. 8,000,000 d. 8,200,000

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