Score: 0 of 5 pts 33 of 33 (28 complete) HW Score: 72 S6-5 (similar to) Questi It is December 31, the end of the year, and the controller of Ruiz Corporation is applying the lower-of-cost-or-market (LCM) rule to inventories. Beproty year-end adjustments, Rulz reports the following data: $ 445,000 Cost of goods sold.. . Historical cost of ending inventory as determined by a physical count 66.000 Rue determines that the current replacement cost of ending inventory is $47.000. Show what Ruiz should report for ending inventory and for cost of goods sold, Identify the financial statement where eachem appears. Inventory will be reported on the her your answer in the awer box and then click Check Answer 1 Start a search 101 PM "V30/2020 0 F