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With the given information, please show me how to calculate the answer. Swifty Corporation sells three different categories of tools (small, medium, and large). The

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With the given information, please show me how to calculate the answer.

Swifty Corporation sells three different categories of tools (small, medium, and large). The cost and net realizable value of its inventory of tools are as follows. Net Realizable Value Cost $64,400 Small $72,300 Medium 289,500 261,000 Large 173,000 152,600 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. Total inventory value

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