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INVENTORY AT DEC 2021 = $57,000 INVENTORY AT DEC 2022 = $64,800 Inventory valued at a cost price $7,500 on December 2022 included in the

INVENTORY AT DEC 2021 = $57,000 INVENTORY AT DEC 2022 = $64,800

Inventory valued at a cost price $7,500 on December 2022 included in the inventory figure above had been damaged and reduced to net realizable value of $3000.

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