Emily Co. has the following individual inventory items at cost and net realizable value: Part Units Unit Cost NRV per Unit 11 20 $5.00 $4.50 12 30 3.00 3.75 W1 25 14.25 5.00 W2 10 11.10 1.10 Z1 15 2.30 2.00 Determine the ending inventory to be reported for Emily Co. by applying lower of cost and NRV principle. 1) $368.50 2) $327.25 3) $341.75 4) $314.25