Presented below is information related to Flint Inc.'s inventory.

(per unit)

Skis

Boots

Parkas

Historical cost$304.00

$169.60

$84.80

Selling price339.20

232.00

118.00

Cost to sell

30.40

12.80

4.00

Cost to complete51.20

46.40

34.00

Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV.

ItemCostNRVLCNRVSkis$

$

$

Boots

Parkas