Exercise 6-12 Sheffield Corp. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Value Unit Cost Item Units 4 $177 $164 186 10 145 Cameras: Minolta Canon Light meters: Vivitar Kodak 14 131 112 19 119 139 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory