LilyFrame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31.

Item

Units

Unit Cost

Market Value

Cameras:Minolta7$169$155Canon7150152Light meters:Vivitar14121112Kodak20120135

Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis.

The ending inventory$

Enter the ending inventory in dollars