Lower$-$of$-$Cost$-$or$-$Net Realizable Value Method

The following data are taken from the Browning Corporation's inventory accounts:

Item

Code

Quantity

Unit

Cost Net

Realizable

Value

ACE $100$ $$42$ $$41$

BDF $3004748$

GHJ $4003735$

MBS $2004044$

Calculate the value of the company$$s ending inventory using the lower$-$of$-$cost$-$or$-$net realizable value method applied to each item of inventory.

Ending Inventory Value: $Answer