Assume that Jones Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item basis. Net Realizable Final Cost Replacement Cost Net Realizable Value $4.15 Inventory Value per Unit Item No. 1320 Value Less Normal Profit $2.90 Quantity 1,200 $3.00 Designated Market Value $3.00 2.50 3.70 2.95 1333 900 $3.20 2.70 4.50 3.60 2.50 1426 800 2.30 3.70 3.10 3.00 4.60 2.95 3.60 1437 1,000 2.05 1510 2.25 2.00 2.45 1.85 2.00 700 500 2.50 2.70 3.40 2.90 2.90 1522 1573 1626 1.50 1.60 1.60 3,000 1,000 1.75 5.50 1.25 4.50 4.70 5.20 5.20 Requirements: From the information above, determine the amount of Jones Company Final inventory Value -- i.e. complete column at right hand side of spreadsheet. (Show computations to receive maximum credit