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Sullivan Corporation has determined its year-end Inventory on a FIFO basis to be $516,000 Information pertaining to that inventory is as follows: Selling price Costs

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Sullivan Corporation has determined its year-end Inventory on a FIFO basis to be $516,000 Information pertaining to that inventory is as follows: Selling price Costs to sell Replacement cont $528,000 34,000 452,000 What should be the reported value of Sullivan's inventory? Multiple Choice $516,000 $452.000 $486.000 8 of 28 ! Next >

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