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

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Reference no: EM132033423

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

Inventory Categories

Cost Data

Market Data

Cameras

$11,771

$12,851

Camcorders

8,297

9,077

DVDs

12,693

11,653

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

Reference no: EM132033423

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