Required information Exercise 6-14A Calculate inventory using lower of cost and net realizable value (LO6-6) [The following information applies to the questions displayed below.] A company like Golf USA that sells golf-related inventory typically will have inventory items such as golf clothing and golf equipment. As technology advances the design and performance of the next generation of drivers, the older models become less marketable and therefore decline in value. Suppose that in the current year, Ping (a manufacturer of golf clubs) introduces the MegaDriver II, the new and improved version of the MegaDriver. Below are year-end amounts related to Golf USA's inventory Unit Cost Unit NRV Quantity Inventory Shirts $ 79 $69 44 MegaDriver MegaDriver II 24 450 295 39 395 510 Exercise 6-14A Part 2 2. Calculate ending inventory using the lower of cost and net realizable value. Lower of Cost Ending Inventory Inventory Quantity and NRV Shirts MegaDriver MegaDriver