Bramble Corp. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December $31.2022.$

Coffee Bean

Coffee arabica

Coffee robusta

Units

$12,100$ bags

$5,200$ bags

Unit Cost

$$5\mathrm{.}50$

$3\mathrm{.}40$

Net Realizable Value

$$5\mathrm{.}45$

$350$

Calculate Bramble's inventory by applying the lower$-$of$-$cost$-$or$-$net realizable value basis.