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Samson Company had the following balances and transactions during 2013. What would the company's Inventory amount be on the December 31, 2013 balance sheet if the perpetual First-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.)
Sit-And-Reach
A common fitness test of flexibility that measures the ability to reach forward while sitting on the floor with legs extended.
Flexibility
The ability of the joints to move through their full range of motion; also pertains to adaptability in scenarios.
Hydrostatic Weighing
A method of determining body composition that involves weighing an individual underwater to estimate body density and body fat percentage.
Air Displacement Plethysmography
A method for measuring body composition that uses air displacement to determine body volume and density.
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