Sadowski Video Center accumulates the following cost and market data at December 31.
Inventory Categories
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Cost Data
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Market Data
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Cameras
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$12,476
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$13,476
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Camcorders
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8,513
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9,033
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DVDs
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12,146
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10,876
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Compute the lower-of-cost-or-market valuation for Sadowski inventory.
The lower-of-cost-or-market value
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$![https://edugen.wileyplus.com/edugen/art2/common/pixel.gif](file:///C:\Users\EMIE09\AppData\Local\Temp\msohtmlclip1\01\clip_image001.gif)
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