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2 of 5 < -/20 View Policies Current Attempt in Progress Skysong Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following

2 of 5 < -/20 View Policies Current Attempt in Progress Skysong Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Units Unit Cost Net Realizable Value Cameras Minolta 8 #173,700 #156,500 Canon 6 149,000 152,500 Light Meters Vivitar 12 124,700 114,200 Kodak 14 114,200 135,100 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory eTextbook and Media Save for Later W Attempts: 0 of 3 used Submit

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