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Company ABC Inc. is selling the part of its inventory to Company XYZ Inc. For reporting purposes, ABC Inc. is willing to determine the net
Company ABC Inc. is selling the part of its inventory to Company XYZ Inc. For reporting purposes, ABC Inc. is willing to determine the net realizable value of the inventory that will be sold. The expected selling price of the inventory is $5,000. However, ABC Inc. needs to spend $800 to complete the goods and an additional $200 for transportation expenses. Considering the available information, calculate the net realizable value of the inventory .
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