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Compute the lower-of-cost-or-market valuation

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Reference no: EM131789199

Sadowski Video Center accumulates the following cost and market data at December 31.

Inventory Categories Cost Data Market Data
Cameras $10,420 $11,510
Camcorders 8,892 9,652
DVDs 10,688 9,208

Compute the lower-of-cost-or-market valuation for Sadowski inventory.

Reference no: EM131789199

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