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  3. inventory at dec 2021 = $57,000 inventory at dec 2

INVENTORY AT DEC 2021 = $57,000 INVENTORY AT DEC 2022 = $64,800 Inventory valued...

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Accounting

INVENTORY AT DEC 2021 = $57,000 INVENTORY AT DEC 2022 = $64,800

Inventory valued at a cost price $7,500 on December 2022 included in the inventory figure above had been damaged and reduced to net realizable value of $3000.

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