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JRCES Brief Exercise 6-7 Splish Brothers Inc, accumulates the following cost and market data at December 31. Inventory Categories Cost Data Market Data Cameras $10,087

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JRCES Brief Exercise 6-7 Splish Brothers Inc, accumulates the following cost and market data at December 31. Inventory Categories Cost Data Market Data Cameras $10,087 $11,117 Camcorders 8,538 9,188 DVDs 10,448 9,358 Compute the lower-of-cost-or-market valuation for company's inventory. Study The lower-of-cost-or-market value

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