Oriole Video Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cameras Camcorders DVDs Cost $10,250 8,330 10,010 Net Realizable Value LA $11,420 Lower-of-cost-or-net realizable value $ 8,940 Compute the lower-of-cost-or-net realizable value for the company's inventory. 8,980

Oriole Video Center accumulates the following cost and net realizable value data at December 31. Compute the lower-of-cost-or-net realizable value for the company's inventory. Lower-of-cost-or-net realizable value