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Blossom Video Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Net Realizable Value Cameras $11,650 $12,750 Camcorders

image text in transcribed Blossom Video Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Net Realizable Value Cameras $11,650 $12,750 Camcorders 8,885 9,525 DVDs 12,140 10,730 Compute the lower-of-cost-or-net realizable value for the company's inventory. Lower-of-cost-or-net realizable value $

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