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Presented below is selected information related to Coronado Electronics'inventory. HDTV- 50 HDTV- 42 TV Stand (per unit) Historical cost $360 $504 647 $72 95 Selling

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Presented below is selected information related to Coronado Electronics'inventory. HDTV- 50" HDTV- 42" TV Stand (per unit) Historical cost $360 $504 647 $72 95 Selling price 395 Cost to sell 18 3 Cost to complete 8 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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