Using the information below, determine the ending inventory value applying the lower of cost or net realizable value method required by GAAP Net Realizable Value Inventory Item Quantity Cost Crew Neck T Shirts 200 $ 12 $ 14 Tank Tops 400 $ 16 $ 14 V Neck T Shirts 250 $ 15 $ 13 Select one: I a. $11,000 b. $13,300 I c. $12,000 d. $11,250 e. $11,600