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Presented below is information related to Skis Inc's inventory: per unit Skis Cost $195,000 Selling price 219,000 Cost to sell 23,000 Cost to complete 21,000

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Presented below is information related to Skis Inc's inventory: per unit Skis Cost $195,000 Selling price 219,000 Cost to sell 23,000 Cost to complete 21,000 Determine the following: a) the net realizable value for Skis (5 pts), and b) the carrying value of Skis under LCNRV (5 pts). You must show your calculation in both a) and b) requirement. 1 i B I IEE

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