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Lower-of-inst-or-markect inventiory On the basin of the follewing data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 10. a. Determine the valpe of the inventory at the lower of cost or market applied to each item in the inventory. b. Determine the value of the inveritory at the lover of cost er market agplied to each class of inventory: c. Determine the vaiue of the inventory at the lower: of cost or market applied to total inventory