Cullumber 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 1,400 $3.81 $3.57 $5.36 $0.42 $1.49

1333 1,100 3.21 2.74 4.17 0.60 0.60

1426 1,000 5.36 4.40 5.95 0.48 1.19

1437 1,200 4.28 3.69 3.81 0.30 1.07

1510 900 2.68 2.38 3.87 0.95 0.71

1522 700 3.57 3.21 4.52 0.48 0.60

1573 3,200 2.14 1.90 2.98 0.89 0.60

1626 1,200 5.59 6.19 7.14 0.60 1.19

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

The amount of Cullumber Companys inventory

$