Question: Problem 6 - 4 A ( Algo ) Report inventory using lower of cost and net realizable value ( LO 6 - 6 ) A

Problem

6 - 4

(

Algo

)

Report inventory using lower of cost and net realizable value

(

6 - 6)

A local Chevrolet dealership carries the following types of vehicles:Complete this question by entering your answers in the tabs below. Determine the financial statement effects of using lower of cost and net realizable value to report inventory.

(

Make sure to enter amounts leading to a with a minus sign.

)

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