Novelli's Nursery has developed the following data for lower of cost and net realizable valuation for its products:

	Selling Price	Cost
Broad leaf trees:
Ash	$	1,670		$	1,540
Beech		2,740			1,440
Needle leaf trees:
Cedar	$	3,220		$	1,590
Fir		3,150			3,190
Fruit trees:
Apple	$	2,160		$	1,240
Cherry		2,840			1,640

The costs to sell are 10% of selling price.

Required:

Determine the reported inventory value assuming the lower of cost and net realizable valuerule is applied to individual trees.

I NEED COST AND NRV FOR EACH