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Assuming Dobbins decided to charge barrel costs (but not other warehousing and aging costs) to inventory, what 1988 income statement and balance sheet items would

Assuming Dobbins decided to charge barrel costs (but not other warehousing and aging costs) to inventory, what 1988 income statement and balance sheet items would change, and what would the new amounts be? (Assume no change to in-process inventory.) If Dobbin's suggestion of including all warehousing and aging costs in inventory were accepted, how would the 1988 financial statements change?

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