Consider the following information pertaining to a company's inventory: Product Quantity Cost Net Realizable Value Revolvers 14 $ 122 $ 154 Spurs 30 30 25 Hats 12 53 43 At what amount should the company report its inventory?

Multiple Choice

a/ $3,066

b/ $3,422- Incorrect

c/ $2,974

d/ $3,244