Required information [The following information applies to the questions displayed below) 2 Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory Inventory Furniture Electronics Quantity 260 56 Unit Cost $ 91 460 Unit NRV $106 330 Required: 1. Calculate the total recorded cost of ending inventory before any adjustments. + Cost of ending inventory (before adjustment) nces