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The following information is available regarding each unit of Brown Corporation's inventory: Selling price 5,000 Costs of completion 285 Current replacement cost 1,800 Normal profit

The following information is available regarding each unit of Brown Corporation's inventory:

Selling price		5,000
Costs of completion		285
Current replacement cost		1,800
Normal profit margin		1,900

Based on this information, determine the ceiling and the floor for each unit of Brown Corporation's inventory.

Ceiling:	?
Floor:	?

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