Novak Corp. accumulates the following cost and market data at December 31. Inventory Categories Cost Data Market Data Cameras $12,024 $13,064 Camcorders 8,197 8,937 DVDS 10,147 9,077 Compute the lower-of-cost-or-market valuation for company's inventory. The lower-of-cost-or-market value Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Do It Review 6-3a Blue Spruce Corp. sells three different categories of tools (small, medium and large). The cost and market value of its inventoryy of tools are as follows Cost Market Small $64,670 $ 55,510 Medium 293,270 274,170 Large 156,710 158.980 Determine the value of the company's inventory under the lower-of-cost-or-market approach, The total inventory value you would like to Show Work for this question: Open Show Work Click