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Brief Exercise 198 The Entertainment Center accumulates the following cost and net realizable value (NRV) data at December 31. Inventory Categories Camera Camcorders Cost Market

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Brief Exercise 198 The Entertainment Center accumulates the following cost and net realizable value (NRV) data at December 31. Inventory Categories Camera Camcorders Cost Market Data Data $11,200 $10,300 7,500 8,500 13,600 12,500 DVDs What is the lower-of-cost-or-net-realizable-value of the inventory? Lower-of-cost-or-market value of the inventory Click if you would like to Show Work for this question: Oren Show Work

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