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Maggie's Gift Shop has 18 units in ending merchandise inventory on December 31. The units were purchased in November for $180 each. The price lists

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Maggie's Gift Shop has 18 units in ending merchandise inventory on December 31. The units were purchased in November for $180 each. The price lists from suppliers indicate the current replacement cost of the item to be $195 each. What would be the amount reported as Merchandise Inventory on the balance sheet? $3,240 $3,000 5270 O $3,510

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