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The Kyle Company accumulates the following cost and market value data at December 31. Market Inventory Categories Iventory categories Cost Data Value Data market value

The Kyle Company accumulates the following cost and market value data at December 31. Market Inventory Categories

Iventory categories Cost Data Value Data market value data

Camera $12,000 $9,600

Camcorders 7,600 7,500

DVDs 14,000 14,200

What is the lower-of-cost-or-market for each of the 3 items of inventory?

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