Novak Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Value per Unit Units Cost per Unit Cameras Minolta 5 $173 $147 Canon 7 132 162 Light Meters Vivitar 12 121 119 Kodak 10 113 137 What amount should be reported on Novak Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $