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

Finished goods $24,000

Merchandise inventory $50,000

Raw materials 30,000

Work-in-process 6,000

Which answer should I use below?

a. $60,000 b. $104,000 c. $24,000 d. $74,000

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