25 points Per Unit Item Units Cost Market Car audio equipment Speakers 354 $109 $117 Stereos 269 130 1201 ebook Amplifiers 335 105 114 Subwoofers 213 71 61 Print Security equipment References Alarms 489 169 159 Locks 300 112 102 Cameras 221 331 341 Binocular equipment Tripods 194 93 103 Stabilizers 179 114 124 Required: 1. Compute the lower of cost or market for the inventory applied separately to each item. 2. If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise, Inventory account.