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Presented below is selected information related to Bonita Electronics inventory. HDTV- 50 (per unit) Historical cost Selling price Cost to sell Cost to complete $496

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Presented below is selected information related to Bonita Electronics inventory. HDTV- 50" (per unit) Historical cost Selling price Cost to sell Cost to complete $496 636 37 HDTV 42" $354 388 18 TV Stand $71 93 3 8 61 28 Determine the following: (a) the net realizable value for each item, and (b) the carrying value of each item under LCNRV. (a) NRV (b) LCNRV HDTV-50* HDTV-42" TV Stand

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