Exercise 9-03 Blue Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Quantity 1,800 1,500 1,400 1,600 1,300 1,100 3,600 1,600 Cost per Unit $3.90 3.29 5.49 4.39 2.75 3.66 2.20 5.73 Estimated Selling Price $5.49 4.15 6.10 3.90 3.97 4.76 3.05 7.32 Cost to Complete and Sell $1.95 1.22 1.71 1.65 1.71 0.98 1.46 1.83 From the information above, determine the amount of Blue Company inventory. The amount of Blue Company's inventory