Current Attempt in Progress Splish Brothers Inc. sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as follows. Cost Net Realizable Value Small $ 70,140 $ 58,920 Medium 281,720 262.020 Large 147,030 155.630 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. The total inventory value $