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Inventory quantity Unit cost Unit Net Realizable Value A 20 400 700 B 50 1500 1250 C 40 400 600 Using the lower of cost

Inventory quantity Unit cost Unit Net Realizable Value
A 20 400 700
B 50 1500 1250
C 40 400 600

Using the lower of cost or net realizable method, for what amount would this firm report ending inventory?

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