Teal Video Center accumulates the following cost and market data at December 31. Inventory Categories Cameras Camcorders Blu-ray players Cost Data $11,500 10,300 15,600 Market Data $11,900 10,400 14,400 Compute the lower-of-cost-or- market valuation for the company's total inventory. Lower-of-cost-or-market valuation $ Bonita Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31 Item Units Unit Cost Market Cameras: Minolta $157 $143 Canon 158 160 Light meters: Vivitar 11 102 Kodak 13 140 6 112 126 Determine the amount of the ending inventory by applying the lower-of-cost-or market basis. $ Ending inventory