Check my work Item Car audio equipment Units Cost Market Speakers Stereos Amplifiers Subwoofers 257 323 201 342 97 $105 118 93 59 107 102 48 Security equipment Alarms Locks Cameras 477 288 209317 157 100 132 91 329 Binocular equipment Tripods Stabilizers 182 167 91 112 104 Required: 1. Calculate the lower of cost or market for the inventory applied separately to each item 2. If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise Inventory account. Per Unit Total LCM applied to Item Units Cost Individual Items Market Cost Market Car audio equipment Speakers Stereos Amplifiers Subwoofers 257 323 201 342$ 97 $ 105 118 93 59 107 10 2 This is a numeric cell, so please enter numbers only 48 Security equipment Alarms Locks Cameras 477 288 209 157 100 317 132 91 329 Binocular equipment Tripods Stabilizers 182 91 167 104 112 Total