Required information [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 NRV $ 64 Inventory Shirts MegaDriver MegaDriver II Quantity 29 9 24 Unit Cost $ 54 300 320 220 360 Required: 1. Calculate the total recorded cost of ending inventory before any adjustments. Answer is complete but not entirely correct. Cost of ending inventory (before adjustment) $ 720 X