Lower-of-Cost-or-Net Realizable Value Method The following data are taken from the Smith & Wesson Corporation's inventory accounts: Net Item Unit Realizable Code Quantity Cost Value ZKE 100 5102 $100 300 113 MN 400 102 UBS 200 113 117 100 Calculate the value of the company's ending inventory using the lower of cost and net realizable value method applied to each item of inventory. Ending Inventory Values 107,500 Check