Exercise 6-12 Sheffield 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 Units Unit Cost Market Value Carneras: Minolta Canon $163 155 $150 157 Light meters: 113 Vivitar Kodak 122 120 135 Determine the amount of the ending inventory by applying the lower-of-cost-ornet realizable value basis. The ending inventory Click if you would like to show Work for this question: Geen Show Work Exercise 6-13 Concord Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players iPods 120 units at a cost per unit of $60 160 units at a cost per unit of $71 135 units at a cost per unit of $80 The net realizable value at year end was cameras $70, Blu-ray players $67, and iPods $77. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Ending inventory Click if you would like to show Work for this questioni Open Show Work LINK TO TEXT