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Although land is not depreciated, items that increas such as parking lots are depreciated. * True False Assets tied up in inventory are productive assets.

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Although land is not depreciated, items that increas such as parking lots are depreciated. * True False Assets tied up in inventory are productive assets. True False Coronado Company'sells two types of inventory. MP3 pla players. The MP3 players originally cost $2.250 and have a $1.075 while the Blu Ray players had an original cost of $5 realizable value of $700. Calculate the year end adjustmer applying the lower of cost and net realizable value on na

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