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Switzer, Inc. has 8 computers which have been part of the inventory for over two...

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Accounting

Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $900 and originally retailed for $1,100. At the statement date, each computer has a current replacement cost of $600. What value should Switzer, Inc., have for the computers at the end of the year?

a. $2,400. b. $3,200. c. $4,800. d. $7,200.

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