O'Connor Video Center accumulates the following cost and market data at December 31.
Inventory Categories Cost Data Market Data
Cameras $12,500 $13,400
Camcorders 9,000 9,500
DVD\'s 13,000 12,800
Compute the lower of cost or market valuation for O\'Connor\'s inventory.
Click here: 3. O'Connor Video Center accumulates the following cost and market data at December 31