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Consider the following information pertaining to OldWest's inventory: Product Quantity Cost Net Realizable Value Revolvers 13 $126 $155 Spurs 22 32 27 Hats 9 58

Consider the following information pertaining to OldWest's inventory:

Product	Quantity	Cost	Net Realizable Value
Revolvers	13	$126	$155
Spurs	22	32	27
Hats	9	58	48

At what amount should OldWest report its inventory?

$2,864

$2,664

$3,041

$2,761

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