A company has the following per unit original costs and replacement costs for its inventory: Part A: 40 units with a cost of $4.90, and replacement cost of $4.40 Part B: 70 units with a cost of $5.90, and replacement cost of $6.40 Part C: 170 units with a cost of $2.90, and replacement cost of $2.40 Under lower of cost or market, the total value of this company's ending inventory must be reported as: $1,032.00 $1,102.00 or $997.00, depending upon whether LCM is applied to individual items or to the inventory as a whole $997.00 $1,102.00 $1,032.00 or $997.00, depending upon whether LCM is applied to individual items or the inventory as a whole