During $2023,$ Whispering Winds Furniture Limited purchased a railway carload of wicker chairs. The manufacturer of the chairs

sold them to Whispering Winds for a lump sum of $$58,100,$ 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:

Whispering Winds estimates that the costs to sell this inventory would be $$4$ per chair. During $2023,$ Whispering Winds sells $380$

lounge chairs, $270$ armchairs, and $150$ straight chairs, all at the same prices as estimated. At December $31,2023,$ the remaining

chairs were put on sale: the lounge chairs at $25\%$ off the regular price, the armchairs at $30\%$ off, and the straight chairs at $40\%$ off.

All were expected to be sold at these prices.

a$)$ what is the total cost of the chairs remaining in inventory at the end of $2023,$ using the relative sales value method?

total cost $\_\_\_\_\_\_\_\_\_$$

b$)$what is the net realizable value of the chairs remaining in inventory?

net realizble value $\_\_\_\_\_\_\_\_$$

c$)$ what is the appropriate inventory value to be reported on the December $31,2023$ statement of financial position, assuming the lower of cost and NPV is applied on an individual item basis?

Inventory value$\_\_\_\_\_\_\_\_$$