Blossom Company uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Market Units Cost per Unit per Unit 5 $161 131 $159 160 8 Cameras Minolta Canon Light Meters Vivitar Kodak 12 106 120 112 9 145 What amount should be reported on Blossom Company's financial statements, assuming the lower-of-cost-or-market rule is applied