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Lira had valued the previous year's stock at cost value at $ 8 8 , 0 0 0 . At 3 0 June of the
Lira had valued the previous year's stock at cost value at $ At June of the current income year, closing stock valued at cost is $ at market selling value of $ and replacement value of $ Lira wished to minimise her taxable income for the current year, her closing stock for the current year should be:
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