Lower of Cost or Net Realizable Value (LCNRV) Rule Determine the proper total inventory value for each of the following items in Viking Company's ending inventory: a. Viking has 150 rolls of camera film that are past the expiration date marked on the film's box. The films cost $1.65 each and are normally sold for $3.30. To clear out these old films, Viking will drop their selling price to $1.40. There are no related selling costs. b. Viking has five cameras in stock that have been used as demonstration models. The cameras cost $180 and normally sell for $280. Because these cameras are in used condition, Viking has set the selling price at $160 each. Expected selling costs are $10 per camera. New models of the camera (on order) will cost Viking $200 and will be priced to sell at $320