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Martinez Company determined its ending inventory at cost and at lower of cost and net...

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Accounting

Martinez Company determined its ending inventory at cost and at lower of cost and net realizable value at December $31, 2021, 2022,$ and $2023,$ as follows:

$\$ table $[[,$ Cost, $\$ table $[[$ Lower of Cost and $], [$ Net Realizable Value $]]], [$ Dec $. 31, 2021,$ $ $73, 000,$ $ $73, 000$

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