Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows Net Per Unit Realizable Inventory, by Product Category Tools: Quantity Cost Value HammerS Saws Screwdrivers 120 160 260 $4.60 9.60 1.60 $5.10 8.60 2.20 Paint products: 1-gallon cans Paint brushes 460 120 5.60 3.60 4.60 4.10 quired: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to a individual products, (b) product categories, and (c) total inventory 2. Assuming that the company reports an inventory write-down as a line item in the income statement, for each of the LCNRV plications determine the amount of the loss Complete this question by entering your answers in the tabs below Required 1Required 2 Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory Net Realizable Value By Individual Products Lower of cost and NRV By Product lype By Total Product Cost Inventory Tools: Hammers Saws Screwdrivers Total tools Paint products: 1-gallon cans Paint brushes Total paint Total 0 S 0 S 0 S Required 2 >