The Hockey Hut is determining the lower of cost and net realizable value of its inventory (LCNRV). The following data are available at December 31. Apparel: Equipment: Jerseys Socks Track suits Shoulder pads Skates Gloves Helmets Units 95 155 40 15 20 25 18 Unit Cost $50 5 Required: 1. What is the current cost of the ending inventory? 65 52 80 40 35 Unit NRV $45 6 58 55 78 45 40