Finish attempt... WE Question 3 Tries remaining: 1 Marked out of 2.00 P Hag question Lower-of-Cost and Net Realizable Value Method The following data are taken from the Smith & Barney Corporation's inventory accounts: Item Unit Net Realizable Lower Code Quantity Cost Value Cost NRV (by Item) ZKE 100 $22 $16 $2,200 $1,600 $1,600 XYF 300 33 37 9,900 11,100 9,900 MNJ 400 33 23 13 9.200 7.200 7,200 UBS 220 33 7.260 8,580 7,260 $28,560 $28.480 $25.960 Calculate the value of the company's ending inventory using the lower of cost and net realizable value method applied to each item of inventory Ending Inventory Value: $ Check Previous 3 Save Answers