Freeze Frame Camera Shop uses the lower-of-cost-or-net realizable value for its inventory. The following data are available at December 31.

Item Units Unit Cost Market Value

Cameras:

Minolta 3 $172 $152

Canon 9 142 180

Light meters:

Vivitar 15 131 100

Kodak 20 119 132

Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis.

The ending inventory.................?