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help with 15 15. Udon Inc. adopted dollar-value LIFO (DVL) as of January 1, 2018, when it had an inventory of $710,000. Its inventory as

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15. Udon Inc. adopted dollar-value LIFO (DVL) as of January 1, 2018, when it had an inventory of $710,000. Its inventory as of December 31, 2018, was $904,800 at year-end costs and the cost index was 1.20. What was DVL inventory on December 31, 2018? A. $754,000. B. $852,000. C. $904,800. D. $762,800. 16. Molly Corporation obtained a $45,000 note receivable from a customer on June 30, 2018. The note, along with interest at 4%, is due on June 30, 2019. On September 30, 2018, Molly discounted the note at Cloverdale bank. The bank's discount rate is 8%. What amount of cash did Molly receive from Cloverdale Bank? 05.000 A. $41,400. B. $43,992. 45 -9

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