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Best Buy uses LCM in valuing inventory. It paid $5,000 for a gaming computer system that had a price drop and now can be replaced

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Best Buy uses LCM in valuing inventory. It paid $5,000 for a gaming computer system that had a price drop and now can be replaced for $4,500. The system's net realizable value is $3,500. Best Buy's normal profit margin is 10%. At what amount should Best Buy report the computer system in its financial statements? 3500 5000 4000 O 3150

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