An electrical storm damaged some of the merchandise held for sale by Nintendo Corp.

5 Nintendo Switch consoles, and 3 Nintendo GameCube consoles were damaged as a result.

The merchandise was not covered by insurance so it will have to be sold "as is". Considering the period after the fire and only the damaged merchandise, answer the following questions with the data below:

	Nintendo switch (single item)	Nintendo GameCube (single item)
Inventory (at cost)	$250	$150
Estimated cost to repair	$80	$50
Estimated cost to sell	$10	$15
Estimated sales price	$130	$60

Instructions:(show your work)

1. Calculate the Net Realizable Value for one Nintendo Switch

2. Calculate the Net Realizable Value for one Nintendo Gamecube

3. Calculate the total Net Realizable Value for all inventory.