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A companys inventory records report the following: August 1 Beginning balance 29 units @ $19 August 5 Purchase 24 units @ $18 August 12 Purchase

A companys inventory records report the following: August 1 Beginning balance 29 units @ $19 August 5 Purchase 24 units @ $18 August 12 Purchase 28 units @ $19 On August 15, it sold 58 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

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