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Suppose that on May 13, 2019, both Company A and Company B sold inventory with a cost of $35,400. The updated balance of inventory as

Suppose that on May 13, 2019, both Company A and Company B sold inventory with a cost of $35,400. The updated balance of inventory as at May 1 for both companies was $116,500. Company A uses the perpetual inventory system. Company B uses the periodic inventory system and performs an inventory count at the end of each month. What is the value of inventory as at May 13 for each company?

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