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The Calvin-dogwood partnership owns inventory that was purchased for 65,000, has a current replacement cost of 64500 and is priced to sell for 95,000. At
The Calvin-dogwood partnership owns inventory that was purchased for 65,000, has a current replacement cost of 64500 and is priced to sell for 95,000. At what amount should the inventory be recorded in the accounts of the new partnership if Alexis to be be admitted
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