Question: 130 Help System Announcements Exercise 6-12 Lily Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at

130 Help System Announcements Exercise 6-12 Lily Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Units Unit Cost Market Value Cameras: Minolta 7 $169 $155 Canon 7 150 152 Light meters: Vivitar 14 121 112 Kodak 20 120 135 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory $ Click if you would like to Show Work for this question: Qeen Show Work LINK TO TEXT

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