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Connect Graded Homework #41 9.09 HT. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory information

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Connect Graded Homework #41 9.09 HT. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory information about the five major items stocked for regular sale follows ENDING INVENTORY, CURRENT YEAR Quantity Ston an Hand A 51 B 01 C 11 D 351 Hit Cost when i Acquired (FIFO) Net Realizable Value (Market) at Year-End $13 41 $16 31 49 53 26 31 11 Required Compute the valuation that should be used for the current year ending inventory using lower of cost or net railzsbe value appleston an dem-by tam basis A A1 O " D 11 301 Tue Lower of Cuta Brow Save & Fe Cluit is work

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