During $2023,$ Concord Furniture Limited purchased a railway carload of wicker chairs. The manufacturer of the chairs sold them to Concord for a lump sum of $$58,600,$ because it was discontinuing manufacturing operations and wanted to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are as follows:

$\backslash$table$[[$Type$,$No$.$ of Chairs,$\backslash$table$[[$Estimated Selling$],[$Price per Chair$]]],[$Lounge chairs,$490,$$$93$

What is the total cost of the chairs remaining in inventory at the end of $2023,$ using the relative sales value method? $($Round percentages to $1$ decimal place, e$.$g$.52\mathrm{.}7\%$ and all other amounts to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Total costs

$

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What is the net realizable value of the chairs remaining in inventory? $($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Net realizable value

$

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What is the appropriate inventory value to be reported on the December $31,2023$ statement of financial position, assuming the lower of cost and NRV is applied on an individual item basis? $($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Inventory value $

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