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Kieron is an antiques dealer. His inventory includes a clock which cost $15,800. Kieron expects to spend $700 on repairing the clock which will mean

Kieron is an antiques dealer. His inventory includes a clock which cost $15,800. Kieron expects to spend $700 on repairing the clock which will mean that he will be able to sell it for $26,000. 


At what value should the clock be included in Kieron's inventory?

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