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Coast Company has 10,600 items of building supplies on hand that cost $318,000; a bill related to these supplies totaling $160.000 from a vendor has

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Coast Company has 10,600 items of building supplies on hand that cost $318,000; a bill related to these supplies totaling $160.000 from a vendor has not yet been paid. The company expects to earn $806,000 for its services when it uses the building supplies. The company's balance sheet would include an asset, Supplies, in the amount of

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