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Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Product Item Units Unit Cost Unit NRV

Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Product Item Units Unit Cost Unit NRV Skates: Bauer 14 $250 $384 CCM 11 $419 $357 Running shoes: Adidas 5 $124 $124 Nike 00 $118 $111 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 eTextbook and Media $ Calculate the ending inventory balance for skates and running shoes using the historical unit costs provided. $ Ending inventory balance

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