Current Attempt in Progress Scott's Sporting Stores Inc, reported the following cost and net realizable value information for inventory at December 31 : Part 1 Calculate the ending imentory batance for skates and running shoes using the lower of cost and net realizable value for each item. Calculate the ending imentory balance for skates and running shoes using the historical unit costs provided Endinginventorybalanke eTextbook and Media Attempts: 0 of 3 used Part3 Compsre the diffecence in the ending inventory amounts. Which amount provides a more faithfut representation of the inventory value? Current Attempt in Progress Scott's Sporting Stores Inc, reported the following cost and net realizable value information for inventory at December 31 : Part 1 Calculate the ending imentory batance for skates and running shoes using the lower of cost and net realizable value for each item. Calculate the ending imentory balance for skates and running shoes using the historical unit costs provided Endinginventorybalanke eTextbook and Media Attempts: 0 of 3 used Part3 Compsre the diffecence in the ending inventory amounts. Which amount provides a more faithfut representation of the inventory value