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The Vogelson Company accumulates the following cost and market value data at December 31. Market Inventory Categories Cost Data Value Data Camera $11,000 $9,900 Camcorders

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The Vogelson Company accumulates the following cost and market value data at December 31. Market Inventory Categories Cost Data Value Data Camera $11,000 $9,900 Camcorders 7,800 8,500 DVDs 14,000 12,000 What is the lower-of-cost-or-market of the inventory? 7 " B 1 EE % S3 DOLL

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