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Ayayai Corp. developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories: Product A B C Cost $107000 75000 150000

Ayayai Corp. developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories: Product A B C Cost $107000 75000 150000 Market $113000 71000 152000 After Ayayai Corp. applies the LCNRV rule, the value of the inventory reported on the balance sheet would be $332000. $336000. $340000. $328000.

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