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Determine the amount of inventory on the balance sheet of a manufacturing company from the following account balance. Finished goods $24,000 Merchandise inventory $50,000 Raw

Determine the amount of inventory on the balance sheet of a manufacturing company from the following account balance.

Finished goods $24,000 Merchandise inventory $50,000

Raw materials 30,000 Work in process 6,000

a. $74,000

b. $104,000

c. $60,000

d. $24,000

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