Question 2 Sweet Acacia, Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Cost Units Market per Unit per Unit Cameras Minolta 5 $179 $143 7 153 158 Canon Light Meters Vivitar Kodak 13 132 119 9 120 130 What amount should be reported on Sweet Acacia, Inc.'s financial statements, assuming the lower-of-cost-or-market rule is applied