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Hagger Sounds has accumulated the following cost and market data on March 31: Cost Data Market DataiPods $24,000 $20,400Cell phones 18,000 19,000DVDs 28,000 25,600Using the lower-of-cost-or-market, how much is the value of the ending inventory? (Apply LCM to each category)
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- a signature or stamp in the back of a check, transferring ownership