Swifty Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Cameras: Minolta Canon Light meters: Vivitar Kodak Units 8 12 13 19 Unit Cost The ending inventory $ $174 149 135 125 Net Realizable Value $160 183 115 134 What amount should be reported for inventory on Swifty Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied?

Swifty Camera Shop Inc, uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. What amount should be reported for inventory on Swifty Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory