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Swifty Corporation developed the following information about its inventories in applying the lower-of-cost-or-net-realizablevalue(LCNRV) basis in valuing inventories: After Swifty Corporation applies the LCNRV rule, the

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Swifty Corporation developed the following information about its inventories in applying the lower-of-cost-or-net-realizablevalue(LCNRV) basis in valuing inventories: After Swifty Corporation applies the LCNRV rule, the value of the inventory reported on the balance shcet would be $272000$275000$270000$267000

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