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McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at$205 each.

McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at$205 each. 11 units are sold on October 4. Using the FIFO perpetual inventory method, what is the value of inventoryafter the October 4 sale?

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