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Stowe Company owns 80% of Teton Company. At the end of the most recent year, Stowe reported inventory of 500,000, and Teton reported inventory of

Stowe Company owns 80% of Teton Company. At the end of the most recent year, Stowe reported inventory of 500,000, and Teton reported inventory of 180,000. During the year, Stowe sold merchandise costing $150, 000 to Teton for $250,000. By the end of the year Teton sill possessed 40% of the merchandise. What is the amount of the consolidated inventory?

a. $640,000

b.$680,000

c.$644,000

d.$720,000

$630,000

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