Current Attempt in Progress X Your answer is incorrect. Metlock Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Units Cost per Unit Value per Unit Cameras Minolta 5 $179 $171 Canon 7 138 143 Light Meters Vivitar Kodak 22 12 120 108 11 118 148 What amount should be reported on Metlock Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $ 3899