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Helmut, Inc., has 200 units of inventory, which have a current market price of $4.90 per unit. Originally this inventory cost $5.50 per unit when

Helmut, Inc., has 200 units of inventory, which have a current market price of $4.90 per unit. Originally this inventory cost $5.50 per unit when 400 units were purchased. What journal entry should be made to reflect this information?

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