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View Policies Show Attempt History Current Attempt in Progress Blue Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available
View Policies Show Attempt History Current Attempt in Progress Blue Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Item Units Unit Cost Market Cameras: Minolta Canon 56 $160 $146 141 143 Light meters: Vivitar 11 116 Kodak 14 124 14 106 140 Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis. Ending inventory
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