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16. Use the following information to calculate inventory applying LCNRV by item: Recorded cost Expected sales price Disposal costs Item A $12 $16 $2

16. Use the following information to calculate inventory applying LCNRV by item: Recorded cost Expected sales price Disposal costs Item A $12 $16 $2 Item B $22 $24 $5 Item C $17 $19 $2 Item D $42 $60 $6 Item E $32 $40 $6 Item F $18 $24 $7

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