Bonita Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Cameras Minolta Canon Light Meters Vivitar Kodak Units Total $ 5 8 12 10 Cost per Unit $159 160 135 109 Net Realizable Value per Unit $150 163 116 131 What amount should be reported on Bonita Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied?