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Value of the destroyed part of the inventory

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Reference no: EM132848116

Five-sixths of Jesse Black's inventory was destroyed by ?re. He sold the remaining part, which was slightly damaged, for one-fourth of its value and received $2400.

(a) What was the value of the destroyed part of the inventory?

(b) What was the value of the inventory before the ?re?

Reference no: EM132848116

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