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One inventory item has a sales price of $ 25.50 and selling expenses of $ 8.83. The replacement cost of the item is $ 18.37
One inventory item has a sales price of $ 25.50 and selling expenses of $ 8.83. The replacement cost of the item is $ 18.37 and the original cost was $ 22.28. The normal profit margin on this item is $ 3.64. If there are 2095 units on hand, at what amount will inventory be recorded on the balance sheet
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