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Crane Company began operations in 2 0 2 5 and determined its ending inventory at cost and at LCNRV at December 3 1 , 2

Crane Company began operations in

2025

and determined its ending inventory at cost and at LCNRV at December

31, 2025,

and December

31, 2026 .

This information is presented below.

\

table

[[,

Cost,Net Realizable Val

], [\frac{12}{31} \frac{?}{25},

354, 700,

331, 550

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