Current Attempt in Progress The inventory of Skysong Company on December 31,2025, consists of the following items. Part Quantity Cost per Unit Net Realizable Value 110 550 $105.00 $111.00 111 910 66.60 58.00 112 450 88.80 84.00 113 180 188.70 199.80 120 430 228.00 231.00 121 a 1,600 18.00 1.00 122 300 266.40 261.00 ^(a) Part No, 121 is obsolete and has a realizable value of $1.00 each as scrap. (a) Determine the inventory as of December 31, 2025, by the LCNRV method, applying this method to each item. Inventory as of December 31, 2025quad$ (b) Determine the inventory by the LCNRV method, applying the method to the total of the inventory. Inventory as of December 31,2025 $