eSun ./1 : View Policies Current Attempt in Progress Crane Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value (LCNRV) basis in valuing inventories: Product Cost Net Realizable Value $119000 A $117000 B 78000 76000 151000 164000 i Crane applies the LCNRV basis the value of the inventory reported on the balance sheet would be $346000 O $359000 O $361000 $344000