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15 - LCNRV (4 Marks) Question 15 (4 points) The following information on cost and net realizable value of ABC Ltd.'s various inventory Categories was

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15 - LCNRV (4 Marks) Question 15 (4 points) The following information on cost and net realizable value of ABC Ltd.'s various inventory Categories was gathered at December 31, 2021: Inventory Categories Cost NRY Desktops $225,000 $239,000 Tablets and readers 173,000 142.000 Laptops 147,500 163,000 Tablets and readers 65.800 59.500 Total $611.300 $603.500 DO NOT USE COMMAS, DOLLAR SIGNS OR DECIMAL POINTS 1. Calculate the lower of cost and net realizable value (LCNRV) for each inventory category: Desktops A/ Tablets and Readers A Laptops A/ Accessories and Parts

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