A company like Golf USA that sells golf-related Inventory typically will have Inventory items such as golf clothing and golf equipment. As technology advances the design and performance of the next generation of drivers, the older models become less marketable and therefore decline in value. Suppose that in the current year, Ping (a manufacturer of golf clubs) introduces the MegaDriver II, the new and improved version of the Mega Driver. Below are year-end amounts related to Golf USA's inventory, Inventory Shirts MegaDriver MegaDriver II Quantity 35 15 30 Unit Cost $ 60 360 350 Unit NRV $ 70 250 420 2. Calculate ending inventory using the lower of cost and net realizable value. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Shirts MegaDriver MegaDriver il