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Serebin Company applied FIFO to its inventory and got the following results for its ending inventory. The cost of purchasing units at year-end was cameras

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Serebin Company applied FIFO to its inventory and got the following results for its ending inventory. The cost of purchasing units at year-end was cameras $75, Blu-ray players $51, and iPods $78. Determine the amount of ending inventory at lower-of-cost-or-market. Ending inventory $

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