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Vaughn, Inc. has 6 computers which have been part of the inventory for over two years. Each computer cost $540 and originally retailed for $870.
Vaughn, Inc. has 6 computers which have been part of the inventory for over two years. Each computer cost $540 and originally retailed for $870. At the statement date, each computer has a net realizable value of $400. What value should Vaughn, Inc. have for the computers at the end of the year? $1620. $2400. $3240. O $5220.
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