Central Appliance Center accumulates the following cost and net realizable value data at December 31.

Inventory Categories		Cost Data				Net Realizable Value Data
Cameras			$9,600				$9,680
Camcorders			7,600				7,760
Blu-ray players			11,200				10,240

Compute the lower-of-cost-or-net realizable value for the companys total inventory.

The lower-of-cost-or-net realizable value

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