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Consider the following information pertaining to OldWest's inventory: Net Realizable Product Quantity Cost Value Revolvers 17 $129 $157 Spurs 27 25 20 Hats 9

Consider the following information pertaining to OldWest's inventory: Net Realizable Product Quantity Cost Value Revolvers 17 $129 $157 Spurs 27 25 20 Hats 9 57 47 At what amount should OldWest report its inventory? Multiple Choice $3,632. $3,156. $3,251. $3,381.

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