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Beginning inventory, purchases, and sales for Item CSW15 are as follows: August 1 Inventory 104 15 9 Sale 96 16 Purchase 128 22 25 Sale

Beginning inventory, purchases, and sales for Item CSW15 are as follows:

August 1 Inventory 104 15 9 Sale 96 16 Purchase 128 22 25 Sale 82

Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine the inventory value on August 31.

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