Brief Exercise 8-18 Bridgeport Corporation has the following four items in its ending inventory: Estimated Estimated Item Cost Selling Price Disposal Costs $103 FITT Neutrinos $2,000 Ocillinos 4,940 Electrons 4,250 Protons 3,390 $2,280 120 220 4,840 4,585 4,400 111 Assume that Bridgeport is a public company using IFRS. Determine the total value of ending inventory, using the lower of cost and net realizable value model applied on an individual item basis. Item Neutrinos Ocillinos LC and NRV Electrons Protons $ Total $ LINK TO TEXT LINK TO TEXT Would there be any difference in accounting if Bridgeport were a private entity using ASPE? No Yes LINK TO TEXT LINK TO TEXT