Wahoo Tech sells three different USB cables. Information about the inventory as of the end of its most recent fiscal year follows. When applying the lower-of-cost-or-net-realizable-value rule to each item, what amount will be reported for ending inventory?

Inventory ItemUnitsCost per unitNet realizable value per unitUSB-32300$4.00$3.50USB-33600$2.00$1.50USB-341,500$3.80$5.52