Dalton Boats, Inc. counted a year-end inventory of 78 boats as follows: Compute the inventory value at the lower of cost or market.

Name: Dalton Boats, Inc. counted a year-end inventory of 78 boats as follows: Compute the inventory value at the lower of cost or market.
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Question

Dalton Boats, Inc. counted a year-end inventory of 78 boats as follows:  ​Compute the inventory value at the lower of cost or market.​

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The Answer of Dalton Boats, Inc. counted a year-end inventory of 78 boats as follows:  ​Compute the inventory value at the lower of cost or market.​