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75 Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. Inventory

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75 Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. Inventory Ski jackets Skis Quantity 20 25 Unit Cost $ 121 360 NRV $ 101 410 Skipped Calculate the total amount to be reported for ending inventory. eBook Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Ski jackets 20 $ 0 Skis 25 0 $ 0

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