Calculate Sheffield's inventory at the lower of cost and net realizable value

Sheffield Corporation sells cocoa beans, which are sensitive to price fluctuations. The following inventory information is available for this product at June 30, 2024: Cocoa Bean Criollo Units 10000 bags 6,200 bags Unit Cost $5.60 Net Realizable Value $5.55 Calculate Sheffeld's inventory at the lower of cost and net realizable value. Inventory at the lower of cost and net realizable value $