3 11.11 pon ellock P The Jewel Fool hed the following inventory items on hand at the end of the year. Necklaces Bracelets Quantity 15 Cost per Ios Value per 00 573 30 $6 50 Determine the lower of cost or market/net realizable value per unit and the total amount that should be reported on the balance sheet for each item of inventory. Lower of Cost or Total Amount Market per Unit Reported Necklaces Bracelets Total $ Check m