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Sunel Corporation uses the FIFO method of accounting for its inventories and uses the full absorption cost method. Its beginning inventory on January 1, 2014

Sunel Corporation uses the FIFO method of accounting for its inventories and uses the full absorption cost method. Its beginning inventory on January 1, 2014 was $4,000,000.During the year itincurred $20,000,000 in"full absorption" costs and $2,000,000 in additional Code sec. 263A costs. Its ending inventory on December 31, 2014 was $6,000,000 (priorto any Code Sec 263A costs).Determine Sunel Corporation's ending inventory using the uniform zation rules of Code Sec.23A.

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