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At yearend, The Kitchen Shop has a refrigerator that has been used as a demonstration model. The refrigerator cost $585 and sells for $750 when

At yearend, The Kitchen Shop has a refrigerator that has been used as a demonstration model. The refrigerator cost $585 and sells for $750 when new. In its present condition, the refrigerator will be sold for $530. Related selling costs are an estimated $15. At what amount should the refrigerator be carried in inventory

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