Question: Wahoo Tech sells three different USB cables. Information about the inventory as of the end of its most recent fiscal year follows. When applying the

Wahoo Tech sells three different USB cables. Information about the inventory as of the end of its most recent fiscal year follows. When applying the lower-of-cost-or-net-realizable-value rule to each item, what amount will be reported for ending inventory?

Inventory ItemUnitsCost per unitNet realizable value per unitUSB-32300$4.00$3.50USB-33600$2.00$1.50USB-341,500$3.80$5.52

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