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

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Reference no: EM131816162

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

Inventory Categories Cost Data Market Data
Cameras $10,497 $11,637
Camcorders 8,341 9,061
DVDs 10,348

8,978

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

Reference no: EM131816162

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