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Ivanhoe Company has the following cost and net realizable value data at December 31, 2021 Inventory Categories Personal computers Servers Total solution printers Cost $24.800

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Ivanhoe Company has the following cost and net realizable value data at December 31, 2021 Inventory Categories Personal computers Servers Total solution printers Cost $24.800 19,000 10,000 Net Realizable Value $21.500 19,500 8,300 Your answer is incorrect. Calculate the lower of cost and net realizable value valuation assuming Ivanhoe Comparty applies LCNRV to indiu products Lower of cost and net realizable value

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