Practice Questions, Question 11 Hagger Sounds Inc. has accumulated the following cost and net realizable value (NRV) data on March 31: CostNRV Data Data Stereos Radios DVDs $ 48,000 40,800 38,000 56,000 51,200 140,000 $130,000 36,000 Using the lower of cost and NRV, calculate the LCNRV of the ending inventory. $140,000 O $128,000 $130,000 O $120,000