Required information Exercise 6-13B Calculate inventory using lower of cost and net realizable value (L06-6) The following information applies to the questions displayed below.) A company reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory Inventory Furniture Electronics Q uantity 100 Unit Cost 575 300 Unit NRV S 90 250 Exercise 6-13B Part 1 Required: 1. Calculate the total recorded cost of ending inventory before any adjustments Cost of ending inventory (before adjustment)