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Current Attempt in Progress Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net

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Current Attempt in Progress Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Cost Value Units per Unit per Unit Cameras Minolta 5 $168 $143 Canon 8 133 154 Light Meters Vivitar 12 114 100 Kodak 11 109 128 What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $

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