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Question 4 of 6 Sheffield Corp. Inc. uses the lower - of - cost - or - net realizable value basis for its inventory. The

Question 4 of 6
Sheffield Corp. Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31.
\table[[Item,Units,Unit Cost,Net Realizable Value],[Cameras:],[Minolta,4,$177,$164
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