(12 PTS) 3. Inventory: Lower of Cost or Market (LCM) Astro Corp. uses LIFO and its records revealed the following information as of December 31, 2020: Cost of inventory $48,000 Replacement cost of inventory 52,000 Selling Price of inventory 64,000 Costs to sell inventory 3,000 Normal Profit 11,000 a) Calculate the net realizable value used by Astro. b) Calculate the floor amount that Astro Would use under LCM. c) What would Astro use as its total market value under LCM? d) What amount should Astro report its inventory under LCM