CALCULATOR PRINTER VERSION BACK NEXT Question 6 Wildhorse Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Net Realizable Value per Unit Cost per Unit Units $158 Cameras Minolta Canon Light Meters Vivitar Kodak 147 $156 150 127 108 103 130 What amount should be reported on Wildhorse Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total