please show all work 10 points QUESTION 9 ABC Co. had...
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Accounting
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10 points QUESTION 9 ABC Co. had an inventory of 1,875 hammers valued at $5.00 each to begin the month. ABC sold 1,000 hammers on the 15th of the month and purchased 3,500 hammers on the last day of the month at $5.80 each. Required: (1) # ABC uses the perpetual inventory system, what is ABC's inventory on a LIFO basis as of the end of this month? (2) If ABC uses the periodic inventory system, what is ABC's inventory on a LIFO basis as of the end of this month? For the toolbar, press ACT-F10 (Por ALT-IN-F10(Mac) BV Paragraph Open Sanss 10pt I. X bl 1 *** Seve

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