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. Lakota's ending inventory is stated as follows: Item Cost Market Rakes $13,600 $12,920 Shovels 6,120 6,800 Hoes 10,200 10,880 Under the lower of cost

. Lakota's ending inventory is stated as follows: Item Cost Market Rakes $13,600 $12,920 Shovels 6,120 6,800 Hoes 10,200 10,880 Under the lower of cost or market method, what is the Federal income t...

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