Question: In Pitts December 31, 2010 balance sheet, what amount should be reported in inventory? a. $25,000 b. $34,000 c. $40,000 d. $49,000

In Pitt’s December 31, 2010 balance sheet, what amount should be reported in inventory?

a. $25,000

b. $34,000

c. $40,000

d. $49,000

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