Carla Co follows the practice of valuing its inventory at the lower-of-cost-or-market. The following information is available from the company's inventory records as of December 31, 2020, Estimated Completion & Normal Replacement Selling Disposal Profit Item Quantity Unit Cost Cost/Unit Price/Unit Cost/Unit Margin Unit 1.800 $8.18 $9.16 $11.45 $1.84 $1.96 B 1,500 8.94 8.61 10.25 0.98 131 1.700 6.10 5.89 7.85 1.25 0.65 D 1.700 4.14 4.58 6.87 0.87 . 1.64 E 2.100 6.98 6,87 7.30 0.76 109 Greg Forda is an accounting clerk in the accounting department of Carla Co, and he cannot understand why the market value keeps changing from replacement cost to net realizable value to something that he cannot even figure out Gees very confused, and he's the one who records is inventory purchases and calculates endine inventory You are the manager of the warrant and an accountant. (a) Calculate the lower-of-cost-or-market using the individual-item approach Lower-of-Cost-or-Market (Per unit basis $ ItemA ItemB $ Item $ Hem D 5 Item E