Question 12 of 19 < > 0/3 E View Policies Show Attempt History Current Attempt in Progress Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Product item Units Unit Cost Unit NRV Skates: Bauer 14 $270 $410 CCM 9 $419 $362 Running shoes: Adidas 5 $116 $116 Nike 7 $120 $114 (a) Your answer is incorrect. Calculate the ending inventory balance for skates and running shoes using the lower of cost and net realizable value for each item. Ending inventory balance eTextbook and Media Save for Later Attempts: 2 of 3 used Submit Answer