The Vogelson Company accumulates the following cost and net realizable value data at December 31. $\begin{array}{lrr}\text {Inventory Categories}&\text { Cost Data}&\text {NRV }\\hline
\text { Camera } & \$ 11,000 & \$ 9,900 \
\text { Camcorders } & 7,800 & 8,500 \
\text { DVDs } & 14,000 & 12,000
\end{array}$ What is the lower-of-cost-or-NRV amount for the inventory?

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The Answer of The Vogelson Company accumulates the following cost and net realizable value data at December 31. $\begin{array}{lrr}\text {Inventory Categories}&\text { Cost Data}&\text {NRV }\\hline
\text { Camera } & \$ 11,000 & \$ 9,900 \
\text { Camcorders } & 7,800 & 8,500 \
\text { DVDs } & 14,000 & 12,000
\end{array}$ What is the lower-of-cost-or-NRV amount for the inventory?

The Vogelson Company Accumulates the Following Cost and Net Realizable