Exercise 6-12 Skysong, Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Units Unit Cost Net Realizable Value Cameras Minolta Canon $173 146 $163 170 6 Light meters: 13 18 136 104 128 Vivitar Kixlak 125 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis The ending inventory