Current Attempt in Progress Oriole 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 Cameras: Minolta Canon Light Meters: Vivitar Kodak Units Cost per Unit 8 7 14 15 The ending inventory $166 $ 152 120 120 Net Realizable Value per Unit $151 154 115 What amount should be reported for inventory on Oriole Frame Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? 135

Oriole Frame Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are availabie at December 31 . What amount should be reported for inventory on Oriole Frame Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory