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At year-end, The Appliance Shop has a refrigerator that has been used as a demonstration model. The refrigerator costs $438 and sells for $700 when

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At year-end, The Appliance Shop has a refrigerator that has been used as a demonstration model. The refrigerator costs $438 and sells for $700 when new. In its present condition, the refrigerator will be sold for $455. Related selling costs are an estimated $19. At what amount should the refrigerator be carried in inventory? $

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