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Sunland, Inc. has 7 computers which have been part of the inventory for over two years. Each computer cost $650 and originally retailed for
Sunland, Inc. has 7 computers which have been part of the inventory for over two years. Each computer cost $650 and originally retailed for $920. At the statement date, each computer has a net realizable value of $350. What value should Sunland, Inc., have for the computers at the end of the year? $2450. $6440. $2275. $4550.
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