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A company reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory Inventory Ski Jackets

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A company reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory Inventory Ski Jackets Skis Quantity 17 32 Cost per Unit $130 260 NRV per Unit $110 180 Calculate the amount to be reported for ending inventory Ending inventory

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