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Monty's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Item Units Unit Cost Unit NRV Skates:

Monty's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Item Units Unit Cost Unit NRV Skates: Bauer 12 $249 $390 CCM $402 $340 Running shoes: Adidas $110 $110 Nike $107 $100 (b) Calculate the ending inventory balance for skates and running shoes using the historical unit costs provided. Ending inventory balance $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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