Question: Can someone help me fill the yellow ? E6-11 Optix Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at

Can someone help me fill the yellow ?

E6-11 Optix Camera Shop uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. I Item Units Unit Cost Market Cameras: Minolta 5 $170 $156 Canon 6 150 152 Light meters: Vivitar 12 125 115 Kodak 14 120 135 Instructions Determine the amount of ending inventory at lower-of-cost-or-market. Exercise 6-11 Cost Market L-C-M Camera: Minolta Canon Total 850 900 1,750 780 912 1,692 Light Meters: Vivitar Kodak Total 1,500 1,680 3,180 1,380 1,890 3,270 Total Inventory 4,930 4,962

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