Iris Company has provided the following information regarding two of its items of inventory at year-end:

There are 100 units of Item A, having a cost of $20 per unit, a selling price of $24 and a cost to sell of $6 per unit.

There are 50 units of Item B, having a cost of $50 per unit, a selling price of $56 and a cost to sell of $4 per unit.

How much is the ending inventory using lower of cost or net realizable value?