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What is the total amount of pitts inventory at year-end

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Items in Inventory

On December 31, Pitts Manufacturing Company reports the following assets:

Cash $50,000

Raw materials $74,000

Work in process 176,000

Marketable securities 25,000

Equipment 950,000

Finished goods 150,000

Building 1,200,000

Goodwill 50,000

Problem 1: What is the total amount of Pitts' inventory at year-end?

Reference no: EM132708604

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