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Montana Co has determined as year-end inventory on a FIFO basis to be $644,000, Information pertaining to that inventory is as follows: Salling price Costs

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Montana Co has determined as year-end inventory on a FIFO basis to be $644,000, Information pertaining to that inventory is as follows: Salling price Costs to sell Replacement cost What should be the reported value of Montana's inventory? $60,000 $4.000 $570000 $610,000 31,000 560,000 $6.000

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