Exercise 6-12 Your answer is incorrect. Try again Crane Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Units Unit Cost Item Market Value Cameras $162 $153 Minolta 12 Canon 7 154 156 Light meters Vivitar 14 123 112 Kodak 15 120 135 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory 6531