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At year - end, The Keep - It - Cool Shop has a freezer on hand that has been used as a demonstration model. The

At year-end, The Keep-It-Cool Shop has a freezer on hand that has been used as a demonstration model. The freezer cost $1,560 and sells for $3,000 when new. In its present condition, the freezer will be sold for 1,520. Related selling costs are an estimated $80.
At what amount should the freezer be carried in inventory?

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