Almaden Hardware Store sells two distinct types of products, tools and paint products. Information pertaining to its 2013 year-end inventory is as follows: Required: Determine the balance sheet inventory carrying value at year-end, assuming the LCM rule is applied to individual products, product type, and total inventory. Assuming that the company recognizes an inventory write-down as a separate income statement item, for each of the LCM applications determine the amount of the loss