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The following information relates to Babcock Bicyle Company's inventory as of December 31, 20x2: Calculate the value at which Babcock should report their 15

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The following information relates to Babcock Bicyle Company's inventory as of December 31, 20x2: Calculate the value at which Babcock should report their 15 " frame bicycles using the lower of cost or net realizable value rule. Multiple Choice $119,000. $135,000. $138,000. $153,000

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