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At year-end, The Appliance Shop has a refrigerator that has been used as a demonstration model. The refrigerator costs $613 and sells for $800 when

At year-end, The Appliance Shop has a refrigerator that has been used as a demonstration model. The refrigerator costs $613 and sells for $800 when new. In its present condition, the refrigerator will be sold for $520. Related selling costs are an estimated $26. At what amount should the refrigerator be carried in inventory?

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