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-/1 E Question 6 of 12 View Policies Current Attempt in Progress Kingbird, Inc. 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 Units Unit Cost 6 Item Cameras: Minolta Canon Light meters: Vivitar Kodak $172 150 $162 178 11 15 19 132 119 101 129 What amount should be reported on Kingbird, Inc's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit