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Brooks Company carries three inventory items. The following information pertains to the ending inventory: Unit Unit Quantity Cost Item Market Value $12 $11 210 240

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Brooks Company carries three inventory items. The following information pertains to the ending inventory: Unit Unit Quantity Cost Item Market Value $12 $11 210 240 15 14 175 Required a. Determine the ending inventory that Brooks will report on the balance sheet, assuming that it applies the lower-of-cost-or-market rule to individual inventory items. Ending inventory

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