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Company ABC has total assets of $3 million of which $1 million are current assets. Cash makes up 20 percent of the current assets and

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Company ABC has total assets of $3 million of which $1 million are current assets. Cash makes up 20 percent of the current assets and accounts receivable makes up another 5 percent of current assets. Gross Property, plant, and equipment (PP&E) has a book value of \$1.5 million and other long-term assets have a book value of $1 million. Using this information, what is the balance of inventory and the balance of depreciation on balance sheet

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