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The following information pertains to the year just ended: Work-in-process inventory on January 1 was 60% of work-in-process inventory on December 31. Compute the value

The following information pertains to the year just ended: Work-in-process inventory on January 1 was 60% of work-in-process inventory on December 31. Compute the value of the company's work-in-process inventory on December 31. (Do not round intermediate calculations. Round the final answer to the nearest whole number.)

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