Concord Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

1,500$3.36$3.15$4.73$0.37$1.311333

1,2002.842.423.680.530.531426

1,1004.733.895.250.421.051437

1,3003.783.263.360.260.951510

1,0002.362.103.410.840.631522

8003.152.843.990.420.531573

3,3001.891.682.630.790.531626

1,3004.945.466.300.531.05

From the information above, determine the amount of Concord Company inventory.

The amount of Concord Company's inventory$enter the dollar amount of Concord Company's inventory