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I opt to no longer value my small business inventory; is this considered using "different methods to value my inventory"? Then $0 or amt from prior yr end for my begin #?
My prior year ending was $16,440, and I valued my inventory last year. Do I still use that for my beginning number this year, and then put $0 for my ending number? Or $0 for both, since I'm no longer valuing inventory?
‎January 18, 2025
5:00 PM