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Austin Limited is trying to determine the value of its ending inventory as of February 28, 2015, the company's year-end. The following transactions occurred, and
Austin Limited is trying to determine the value of its ending inventory as of February 28, 2015, the company's year-end. The following transactions occurred, and the accountant asked your help in determining whether they should be recorded or not. For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount
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