Violet Ltd. retails gardening equipment and has five main product lines: mowers, vacuum blowers, edgers, garden tools and fences. At December 31, 2021, cost and net realizable values for each product line were as shown below: Inventory item Equipment category Mowers Vacuum blowers Edgers Quantity Cost per unit $ NRV per unit $ 16 215.80 256.00 113 62.35 60.00 78 27.40 36.00 Non-electrical category Garden tools 129 12.89 11.00 Fences 57 43.11 55.00 Determine the value of the ending inventory using LCNRV application on major-inventory. category. Round your answer to 2 decimal places if necessary. (10 marks) Answer: