Sheridan Company Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Value Item Units Unit Cost Cameras: Minolta 5 $173 $164 187 9 145 Canon Light meters: Vivitar Kodak 15 103 134 125 16 135 What amount should be reported on Sheridan Company's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory $