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Consider the following information pertaining to ABC's inventory: Product Revolvers Spurs Hats Quantity 17 25 11 Cost $130 32 54 Net Realizable Value $157 27

Consider the following information pertaining to ABC's inventory: Product Revolvers Spurs Hats Quantity 17 25 11 Cost $130 32 54 Net Realizable Value $157 27 44 At what amount should ABC report its inventory? Multiple Choice $3,468 $3,828 $3,369

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