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As a result of its annual inventory count, Flint Corp. determined its ending...

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Accounting

As a result of its annual inventory count, Flint Corp. determined its ending inventory at cost and at lower of cost and net realizable value at December 31,2022, and December 31,2023. December 31,2022, was Flint's first year end. This information is as follows:
\table[[,Cost,\table[[Lower of Cost],[and NRV]]],[Dec.31,2022,$321,400,$283,750
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