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.

		Units		Cost per Unit		Net Realizable Value per Unit
Cameras
Minolta		5		$179		$144
Canon		8		160		180
Light Meters
Vivitar		12		113		109
Kodak		10		116		142

What amount should be reported on Swifty Camera Shops financial statements, assuming the lower-of-cost-or-net realizable value rule is applied?

Total

$Enter a dollar amount that should be reported on Unresolveds financial statements