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Blossom Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories: Product A Cost Market $135000 $142000 94000 90000

Blossom Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories: Product A Cost Market $135000 $142000 94000 90000 B 189000 191000 After Blossom Company applies the LCNRV rule, the value of the inventory reported on the balance sheet would be

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