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Assume that the total inventory on hand at the end of the year as determined by taking a physical Inventory is $62,000. or the $62,000,

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Assume that the total inventory on hand at the end of the year as determined by taking a physical Inventory is $62,000. or the $62,000, $8,000 has been sold FOB destination and is awaiting pickup by the carrier What is the cost of inventory reported on the balance sheet? a. 554.000 b. 55.000 570.000 d. 562.000

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