A retail company offers, through two different stores in a city, three models, A, B, and C, of a particular brand of camping stove. The inventory of each model on hand in each store is summarized in matrix M. Wholesale (W) and retail (R) prices of each model are summarized in matrix M. Find the product MN and label its columns and rows appropriately. What is the wholesale value of the inventory in Store 1?
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