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I need help answering the following question, please show me how you calculate the answer. What is the amount ofCoronadoCompany's inventory? LincolnCompany follows the practice

I need help answering the following question, please show me how you calculate the answer.

What is the amount ofCoronadoCompany's inventory?

LincolnCompany follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

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