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The controller of Blossom Yard Company is applying the lower-of-cost-or-net realizable value basis of valuing its ending inventory The following information is available: Cost Net

The controller of Blossom Yard Company is applying the lower-of-cost-or-net realizable value basis of valuing its ending inventory The following information is available:

Cost Net Realizable Value
Lawnmowers
Self Propelled 17180 17340
Push Type 19890 18360
Total 37070 35700
Snowblowers
Manual 30440 30600
Self Start 20050 21420

Total

Total Inventory

50490

87560

52020

87720

Compute the value of the ending inventory by applying the lower-of-cost-or-net realizable value basis:

Total ending inventory :

$

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