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Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. InventoryQuantity Unit

Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. InventoryQuantity Unit Cost NRV Ski jackets 20 $ 99 $119 Skis 25 390 340 Calculate the total amount to be reported for ending inventory. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Ski jackets Skis

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