Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Units Unit Cost Unit NRV 13 $405 Product Item Skates: Bauer CCM Running shoes: Adidas $258 $398 10 $338 5 $115 $115 Nike 8 $115 $107 Calculate the ending inventory balance for skates and running shoes using the lower of cost and net realizable value for each item. $ Ending inventory balance e Textbook and Media Calculate the ending inventory balance for skates and running shoes using the historical unit costs provided. $ Ending inventory balance eTextbook and Media Compare the difference in the ending inventory amounts. Which amount provides a more faithful representation of the inventory value? The method provides a more faithful representation of the inventory value. e Textbook and Media Save for Later Attempts: 0 of 2 used Submit