Required information [The following information applies to the questions displayed below. Great Sounds Company sells various electronics including computers and televisions. The company reports inventory using the lower of cost and net realizable value (NRV). Data related to its year-end inventory follows. Inventory Televisions Computers Quantity 280 58 Unit Cost $ 93 480 Unit NRV $108 340 Required: 1. Calculate the total recorded cost of ending inventory before any adjustments. Cost of ending inventory (before adjustment) Required information [The following information applies to the questions displayed below.) Great Sounds Company sells various electronics including computers and televisions. The company reports inventory using the lower of cost and net realizable value (NRV), Data related to its year-end inventory follows. Inventory Televisions Computers Quantity 280 58 Unit Cost $ 93 480 Unit NRV $108 340 2. Calculate ending inventory using the lower of cost and net realizable value. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Televisions Computers $ 0