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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

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 Quantity Unit Cost Unit NRV
Ski jackets 20 $115 $95
Skis 25300350
Calculate the total amount to be reported for ending inventory in the balance sheet.

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