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7 of 18 Amman, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $1,200 and originally
7 of 18 Amman, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $1,200 and originally retailed for $1,650 At the statement date, each computer has a net realizable value of $700. What value should Amman, Inc., have for the computers at the end of the year using the LCNRV? $4,000 $5,600 $9,600 O $13,200
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