As a result of its annual inventory count, Flint Corp. determined its ending inventory at cost and at lower of cost and net realizable value at December $31,2022,$ and December $31,2023.$ December $31,2022,$ was Flint's first year end. This information is as follows:

$\backslash$table$[[,$Cost,$\backslash$table$[[$Lower of Cost$],[$and NRV$]]],[$Dec$.31,2022,$$$321,400,$$$283,750$