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Eloise Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Item Units Unit Cost Market Value/Unit Cameras

Eloise Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31.

Item Units Unit Cost Market Value/Unit
Cameras
Minolta 6 $174 $156
Canon 10 144 183
Light Meters
Vivitar 15 130 113
Kodak 19 122 131

Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis.

The ending inventory $

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