Powder Ski Shop reports inventory using lower-of-cost-or-market Below is information related to its year-end inventory. Inventory Quantity Ski jackets 20 Skis 25 Cost $121 360 Market $ 101 410 Calculate the amount to be reported for ending inventory. Answer is complete but not entirely correct. Inventory Quantity Lower of Cost or Ending Inventory Market $ 121 X $ 2,420 Ski jackets 20 Skis 25 410 X 10,250 12,670 $