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Waterway, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $ 7 0 0 and originally

Waterway, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $700 and originally
retailed for $890. At the statement date, each computer has a net realizable value of $370. How much loss should Waterway, Inc.
record for the year?
$2800.
$2960.
$6800.
$2640.
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