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2 of 3 View Policies -12 E Current Attempt in Progress Sunland Company sells three different categories of tools (small, medium and large). The cost

image text in transcribed 2 of 3 View Policies -12 E Current Attempt in Progress Sunland Company sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as follows. Cost Net Realizable Value Small $68.710 $62.140 Medium 307,960 269,990 Large 140,540 152,490 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. The total inventory value eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit

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