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gnment 6.20 Brief Exercise 6-14 (Algo) Calculate ending inventory using lower of cost and net realizable value (LO6- 6) Powder Ski Shop reports inve

gnment 6.20 Brief Exercise 6-14 (Algo) Calculate ending inventory using lower of cost and net realizable value (LO6- 6) Powder Ski Shop reports inve sing the lower of cost and net realizable value (NRV) Below is information related to its year-end Inventory Inventory Ski jackets Skis Quantity Unit Cost Unit NRV 10 $122 $102 15 370 420 Calculate the total amount to be reported for ending inventory in the balance sheet Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Ski jackets 10] 15 Skis

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