please help!

Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 What amount should be reported on Best Bur's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Question 23 of 26 11 What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied