Accounting Help

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

Inventory Categories
 
Cost Data
 
Market Data
Cameras $10,058 $11,178
Camcorders 8,369 9,129
DVDs 12,704 11,214


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

The lower-of-cost-or-market value $
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