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Waterway Company began operations in 2 0 2 5 and determined its ending inventory at cost and at LCNRV at December 3 1 , 2

Waterway Company began operations in 2025 and determined its ending inventory at cost and at LCNRV at December 31,2025, and December 31,2026. This information IS
\table[[,Cost,Net Realizable Value],[1231?25,$356,450,$331,660
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