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The following data is available for a single product in inventory: Historical cost $30.00 Replacement cost 25.00 Estimated cost of disposal 10.00 Estimated selling price

The following data is available for a single product in inventory: Historical cost $30.00 Replacement cost 25.00 Estimated cost of disposal 10.00 Estimated selling price 38.00 Subsequent to acquisition, the inventory should be valued at

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