Question: * Your answer is incorrect. Try again. Kingbird, Inc. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for

* Your answer is incorrect. Try again. Kingbird, Inc. sells coffee

* Your answer is incorrect. Try again. Kingbird, Inc. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2022. Unit Cost Market Coffee Bean Units Net Realizable Value $5.35 $5.40 Coffea arabica 12,800 bags Coffea robusta 4,000 bags 3.40 3.50 Calculate Kingbird's inventory by applying the lower-of-cost-or-market basis. x Kingbird's inventory 82720

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