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Practice Brief Exercise 9-1 Presented below is selected information related to Pearl Electronics' inventory. (per...

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Practice Brief Exercise 9-1 Presented below is selected information related to Pearl Electronics' inventory. (per unit) HDTV-50" HDTV-42" TV Stand Historical cost $478.80 $342.00 $68.40 Selling price 614.46 375.06 90.06 Cost to sell 35.34 17.10 2.57 Cost to complete 59.28 27.36 7.41 Determine the following: (a) the net realizable value for each item, and (b) the carrying value of each item under LCNRV. (a) NRV (b) LCNRV HDTV-50" $ $ HDTV-42" TV Stand Click if you would like to Show Work for this question: Open Show Work

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