Exercise 9-7 Kingbird Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Quantity 1,600 1,300 1,200 1,400 1,100 900 3,400 1,400 Cost per Unit $3.97 3.35 5.58 4.46 2.79 3.72 2.23 5.83 Cost to Replace $3.72 2.85 4.59 3.84 2.48 3.35 1.98 6.45 Estimated Selling Price $5.58 4.34 6.20 3.97 4.03 4.71 3.10 7.44 Cost of Completion and Disposal $0.43 0.62 0.50 0.31 0.99 0.50 0.93 0.62 Normal Profit $1.55 0.62 1.24 1.12 0.74 0.62 0.62 1.24 From the information above, determine the amount of Kingbird Company inventory. The amount of Kingbird Company's inventory $