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Early in 2 0 2 5 , Ivanhoe Company switched to a just - in - time inventory system. Its sales and inventory amounts for

Early in 2025, Ivanhoe Company switched to a just-in-time inventory system. Its sales and inventory amounts for 2024 and 2025 are shown below.
\table[[,2024,2025],[Sales revenue,$3,110,000,$3,920,000
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