Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory Inventory ski jackets skis Quantity 38 Unit Cost 396 NRV $116 20 $ 96 $316 360 Calculate the total amount to be reported for ending inventory. Inventory Q uantity Lower of Cost and NRV per unit Ending Inventory Skijackets Skis