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(5 points) One of units that FOFT Co. produces, G1-q, is sold primarily overseas and the country that imports the most units is in a
(5 points) One of units that FOFT Co. produces, G1-q, is sold primarily overseas and the country that imports the most units is in a recession, decreasing demand for all foreign products. If the cost of the inventory is $915,600 and estimated future sales price is $1,167,390, what value should appear on FOFT Co.'s balance sheet for G1-q, assuming the replacement costs are $1,007,160 and the shipping costs to the U.S. for sale is $228,900? (A 15) $1,007,160 $915,600 $1,190,280 $938,490
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