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Specific Identification
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Specific Identification
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5. Inventory / Specific Identification / Problem 3
Problem 3
If ABC Yacht Company has yachts A and C remaining, valued at \$350,000 and \$600,000 respectively, what is the ending inventory value?
A
\$600,000
B
\$1,450,000
C
\$950,000
D
\$350,000
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