AaBbCDC T Normal AaBbccdc AaBbc 1 No Spac. Heading 1 Paragraph Styles Information about the ending inventory of Brown Company is below. Product Cost $10,000 15.000 Current Replacement Cost $11,500 13 000 18.600 Seling Price $12,000 14.000 27.000 Cost of Completion $1,000 Normal Profit Marpin $1,100 1.750 2900 1500 2. 200 20.000 Required: Problem 3. (9 points) At what value would the ending inventory of Brown Company be reported on the balance sheet applying lower-of-cost-or-net realizable value to individual products? Product Totals Problem 4. (14 points) At what value would the ending inventory of Brown Company be reported on the balance sheet applying Lower-of-cost-or-market to the entire inventory? Product A BE Totals