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Given the following information for an inventory item of the Scottsdale Corporation: Using the LCNRV Rule, the proper inventory amount for the balance sheet is:

Given the following information for an inventory item of the Scottsdale Corporation: Using the LCNRV Rule, the proper inventory amount for the balance sheet is: Select one: a. $98 b. $104 c. $111 d. $117 e. $124

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