1, and the controller of Martin Corporation is applying the lower-of-cost-or-market (LCM) e following data: Data Table $ 380,000 Cost of goods sold Historical cost of ending inventory, as determined by a physical count 58,000 Print Done y number in the input fields and then click Check Answer. Clear All Assignments S6-10 (similar to) Question Help It is December 31, the end of the year, and the controller of Martin Corporation is applying the lower-of-cost-or-market (LCM) rule to inventories. Before any year-end adjustments, the company reports the following data: (Click the icon to view the data.) Do Homework Take a Quiz/Test Martin determines that the not realizable value of ending inventory is $41,000. Show what Martin should report for ending inventory and for cost of goods sold Identity the financial statement where each item appears. Inventory will be reported on the Choose from any Check Amer AN Type here to search 10 QWERTY U TOP TY