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Trends by Tabitha sells high$-$end leather purses. The company has the following inventory transactions for the year.

Because trends in purses change frequently. Trends by Tabitha estimates that the remaining nine purses have a net realizable

December $31$ of only $$210$ each.

$3-$a$.$ Determine the amount of ending inventory to report using lower of cost and net realizable value under FIFO.

$3-$b$.$ Record any necessary adjusting entry under FIFO.

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Req $3A$

Because trends in purses change frequently, Trends by Tabitha estimates that the remaining nine purses have a net realizable

value at December $31$ of only $$210$ each. Determine the amount of ending inventory to report using lower of cost and net

realizable value under FIFO. The answer for $3$A is NOT $$1,890.$ A system check is showing $$1,890$ is incorrect.