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IThe following information applies to the questions displayed below.j Home Furnishings reports inventory using the lower of cost and net realizable value (NRV) method. Below

IThe following information applies to the questions displayed below.j Home Furnishings reports inventory using the lower of cost and net realizable value (NRV) method. Below is information related to its year-end inventory. NRV Inventory Quantity Cost 210 86 Furniture 101 410 305 Electronics

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