Sweet Acacia, Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Cost Market Units per Unit per Unit Cameras Minolta 5 $179 $143 Canon 7 153 158 Light Meters Vivitar 13 132 119 Kodak 9 120 130 What amount should be reported on Sweet Acacia, Inc.'s financial statements, assuming the lower-of-cost-or-market rule is applied? Amount reported on financial statements $