Exercise 9-07 Sheffield Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an ind Cost per Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Quantity 1,300 1,000 900 1,100 800 600 3,100 1,100 Unit $3.74 3.16 5.27 4.21 2.63 3.51 2.11 5.50 Cost to Replace $3.51 2.69 4.33 3.63 2.34 3.16 1.87 6.08 Estimated Selling Price $5.27 4.10 5.85 3.74 3.80 4.45 2.93 7.02 Cost of Completion and Disposal $0.41 0.59 0.47 0.29 0.94 0.47 0.88 0.59 Normal Profit $1.46 0.59 1.17 1.05 0.70 0.59 0.59 1.17 From the information above, determine the amount of Sheffield Company inventory. The amount of Sheffield Company's inventory s