View Policies Current Attempt in Progress Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Cameras Minolta Canon Light Meters Vivitar Kodak Total $ Units 5 Save for Later 7 11 10 eTextbook and Media Cost per Unit $180 133 125 121 Net Realizable Value per Unit $163 What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? 141 112 129 Attempts: 0 of 3 used Submit Answer

Current Attempt in Progress Best Buy uses the lower-ot-cost-or-net realizable value basis for its inventory. The following data are available at December 31 What amount should be reported on Bect Euy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied