Nutritional Foods reports merchandise inventory at the lower-of-cost-or-market. Price to releasing its financial statements for the year anded August 31, 2025. Nutritional's proliminary income statement before the year and adjustments, appears as follows Click the icon to view the preliminary income statement Nutritional has determined that the current replacement cost of ending merchandise inventory is $20.500. Cost is $21.000 Read the requirements. Aug 31 Cost of Goods Sold Merchandise Inventory Tutoring Help me solve this Get more help Clear all Check answer MacBook