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Compute the lower-of-cost-or-net realizable value valuation

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Reference no: EM132420560

Vaughn Video Center Accumulates the following cost and net realizable data at December 31.

Inventory Categories Cost Data Net Realizable Value Data

Cameras $17,820 $18,265

Camcorders 14,107 14,404

Blu Ray Players 20,790 19,156

Compute the lower-of-cost-or-net realizable value valuation for the company's total inventory.

The lower-of-cost-or-net realizable value is $___________

Reference no: EM132420560

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