Question: Last year, which is used as the base year, a firm had cash of $52, accounts receivable of $223, inventory of $509, and net fixed
Last year, which is used as the base year, a firm had cash of $52, accounts receivable of $223, inventory of $509, and net fixed assets of $1,107. This year, the firm has cash of $73, accounts receivable of $231, inventory of $490, and net fixed assets of $1,000. What is this year's common-base-year value of inventory?
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