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Data related to the inventories of SKI! Inc. is presented below: In applying the lower of cost or net realizable value rule, the inventory of

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Data related to the inventories of SKI! Inc. is presented below:
In applying the lower of cost or net realizable value rule, the inventory of boots would be valued at:
A) $140,000
B) $133,000
C) $126,000.
D) $130,000.
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