Lily Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Item Units Cost per Unit Value per Unit Cameras: Minolta 8 $165 $156 Canon 6 154 156 Light Meters: Vivitar 12 124 111 Kodak 19 120 135 What amount should be reported for inventory on Lily Frame Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory $