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Duaa Corporation has 2,000 units of product #1 and 4,000 units of product #2 in its ending inventory at December 31, 2011. The historical cost

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Duaa Corporation has 2,000 units of product #1 and 4,000 units of product #2 in its ending inventory at December 31, 2011. The historical cost and net realizable of product #1 were $80 and $90 per unit respectively. The historcal cost and net realizable value of product #2 were $140 and $108 per unit respectively. What amount will be reported for inventory on Duaa's statement of financial position after the company applies LCNRV?; tof Select one: $592,000 $612,000 $440,000 $576,000

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