blue spruce camera shop inc uses lower of cost or net realizable value basis

Blue Spruce Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Value per Unit Cost per Unit Units Cameras Minolta $176 149 $168 152 Canon Light Meters Vivitar Kodak What amount should be reported on Blue Spruce Camera Shop's financial statements, assuming the lower-of-cost-or net realizable value rule is applied Total $