Novell's Nursery has developed the following data for lower of cost and net realizable valuation for its Broad leaf trees: Ash Beech $1,800 $1,700 2,200 1,600 Needle leaf trees: Cedar Fir $2,500 $1,750 3,600 3,350 Fruit trees: $1,800 $1,400 2,300 1,800 Apple The costs to sell are 10% of selling price. Determine the reported inventory value assuming the lower of cost and net realizable value rule is applied to individual trees. Cost and NRV Cost NRV Ash Beech Cedar Apple FI F2 FS FS