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Robust Inc. has the following information related to an item in its ending inventory. Packit (Item #874) has a cost of $698, a replacement cost

Robust Inc. has the following information related to an item in its ending inventory.

Packit (Item #874) has a cost of $698, a replacement cost of $536, a net realizable value of $624, and a normal profit margin of $28.

What is the lowest cost or market ending inventory value for Packit?

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