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Compute the lower-of-cost-or-market valuation

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Reference no: EM131770736

Sadowski Video Center accumulates the following cost and market data at December 31.

Inventory Categories Cost Data Market Data
Cameras $12,482 $13,502
Camcorders 8,673 9,183
DVDs 10,492

9,002

Compute the lower-of-cost-or-market valuation for Sadowski inventory.

Reference no: EM131770736

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