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Check my Required information The following information applies to the questions displayed below.] Part 1 of 2 Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory. points 2 04:31:35 Unit NRV Inventory Furniture Electronics Quantity 110 41 Unit Cost $ 76 310 255 Book Hint Required: 1. Calculate the total recorded cost of ending inventory before any adjustments. Print References Cost of ending inventory (before adjustment) Check my Required information The following information applies to the questions displayed below.) Part 2 of 2 Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory. OS Inventory Purniture Electronics Quantity 110 41 Unit ContUnit NRV $ 76 $ 91 310 255 oBook Hint 2. Calculate ending inventory using the lower of cost and net realizable value. Print References Inventory Lower of Cost and NRV per Quantity Ending Inventory Electronics