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A company has four types of products in its inventory as shown below: Product Quantity Cost Net Realizable Value A 10 12 7 B 12

A company has four types of products in its inventory as shown below:

Product Quantity Cost Net Realizable Value

A 10 12 7

B 12 8 11

C 14 10 10

D 16 11 13

When accounting for the lower of cost or net realizable value by individual items, the year-end inventory balance would be how much?

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