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One-eighth of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for four-fifths of its value and received

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One-eighth of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for four-fifths of its value and received $3800. (a) What was the value of the destroyed part of the inventory? (b) What was the value of the inventory before the fire? (a) The value is s Round to the nearest cent as needed.) (b) The value is s Round to the nearest cent as needed.)

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