Sadowski Video Center accumulates the following cost and market data at December 31.
| Inventory Categories |
Cost Data |
Market Data |
| Cameras |
$10,497 |
$11,637 |
| Camcorders |
8,341 |
9,061 |
| DVDs |
10,348 |
8,978
|
Compute the lower-of-cost-or-market valuation for Sadowski inventory.