Blossom Company uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31.

		Units		Cost per Unit		Market per Unit
Cameras
Minolta		5		$161		$159
Canon		8		131		160
Light Meters
Vivitar		12		120		106
Kodak		9		112		145

What amount should be reported on Blossom Companys financial statements, assuming the lower-of-cost-or-market rule is applied?

Total

$enter a total amount in dollars