Imported From Fr... Question 3 ions nces rations Kingbird, Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. LUS Cost Market Units per Unit per Unit Minolta 5 $187 $150 Canon 7 131 14o Light Meters Vivitar 13 117 104 Kodak 9 125 141 What amount should be reported on Kingbird, Inc's financial statements, assuming the lower-of cost-or-market rule is applied? Total $ e Textbook and Media