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Request answer to question Under the lower of cost or market method, what is the value of the taxpayers inventory The taxpayers ending inventory is

Request answer to question "Under the lower of cost or market method, what is the value of the taxpayers inventory"

The taxpayers ending inventory is valued as follows: Item Cost Market Rakes $8,100 $7,900 Shovels $3,800 $4,300 Hoes $6,000 $6,250

Under the lower of cost or market method, what is the value of the taxpayers inventory?

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