Question: Current Attempt in Progress Windsor Camera Shop Inc uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are avallable at December 31.

Current Attempt in Progress Windsor Camera Shop Inc uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are avallable at December 31. What amount should be reported for imventory on Windsor Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory

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