Sheridan Dog Disc Golf Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Item Baskets: Innova Discraft Disc bags: Lightning Wham-O Units Unit Cost 10 20 15 14 $176 Ending inventory $ 164 22 30 Market $184 146 19 28 (a) Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis.

Sheridan Dog Disc Golf Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. (a) Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis. Ending inventory