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Wahlowitz Video Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $20,400

Wahlowitz Video Center accumulates the following cost and net realizable value data at December 31.

Inventory
Categories

Cost
Data

Net Realizable
Value Data

Cameras

$20,400$20,570

Camcorders

16,15016,490

Blu-ray players

23,80021,760


Compute the lower-of-cost-or-net realizable value for the company’s total inventory.

The lower-of-cost-or-net realizable value

$enter the lower-of-cost-or-net realizable value in dollars

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