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The Cypress Company's inventory account balance was $1,600 at the end of the year. A...

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The Cypress Company's inventory account balance was $1,600 at the end of the year. A physical inventory count revealed that inventory on hand was $1,150. What amount should Cypress report on the balance sheet for inventory? O A. $1,600 O B. $450 OC. $2,750 OD. $1,150

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