Sadowski Video Center accumulates the following cost and market data at December 31.
| Inventory Categories |
Cost Data |
Market Data |
| Cameras |
$10,420 |
$11,510 |
| Camcorders |
8,892 |
9,652 |
| DVDs |
10,688 |
9,208 |
Compute the lower-of-cost-or-market valuation for Sadowski inventory.