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Montana Co has determined its year-end Inventory on a RFO basis to be 5650.000. Information pertaining to the entry's soos Selling price Costs to sell

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Montana Co has determined its year-end Inventory on a RFO basis to be 5650.000. Information pertaining to the entry's soos Selling price Costs to sell Replacement cost $620,000 31,000 567,000 What should be the reported value of Montana's inventory? Multiple Choice SS89 000 $562000 $609.000 $620.000 On January 1, 2021, Kendall Inc. began construction of an automated cattle feeder system. The system as trished and test for to see 30.0 Expenditures on the project were as follows: January 1, 2021 September 1, 2021 December 31, 2021 March 31, 2022 September 30, 2022 $255,000 $366,000 $366,000 $366,000 $255,000 Kendall borrowed $772,000 on a construction loan at 11% interest on January 1, 2021. This loan was outstanding throughout the conction ere. The company had $4,610,000 in 8% bonds payable outstanding in 2021 and 2022 Average accumulated expenditures for 2022 was: Multiple Choice $1527.470 $651.470 $1.272.470 $1,486,000

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