3 Wolf Camera Shop Inc. uses the lower-of-cost-or-net-realizable-value (LCNRV) basis for its inventory. The following data are available at December 31. Units Cost/Unit NRV/Unit Cameras Minolta 5 $175 $168 Canon 7 148 152 Light Meters Vivitar 15 125 119 Kodak 10 120 135 Instructions What amount should be reported on Wolf Camera Shop's financial statements, assuming the lower-of- cost-or-net-realizable-value rule is applied