Current Attemptun Progress Ons x Your answer is incorrect. Support Wildhorse 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 Value per Unit Cost per Unit Units Cameras Minolta Canon Light Meters Vivitar Kodak What amount should be reported on Wildhorse Camera Shop's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $ 4315 e Textbook and Media nting stes View Policies Current Attempt in Progress The following information is available for Blossom Company for three recent fiscal years. upport Inventory 2022 2021 2020 $546,000 $560,000 $324,000 1,890,000 1,700,000 1,320,000 1.493,100 1,237,600 950,000 Net sales Cost of goods sold Calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to O decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%) 2022 2021 Inventory Turnover times times Days in Inventory days days Gross Profit Rate