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On December 1, Windsor, Inc. has three DVD players left in stock. All are identical,...

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Accounting

On December 1, Windsor, Inc. has three DVD players left in stock. All are identical, all are priced to sell at $87. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of $53. Another, with serial #1045, was purchased on November 1 for $48. The last player, serial #1056, was purchased on November 30 for $39.
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