Fine Leather Ltd. had the following inventory at December 31, 2017: Per Unit Net Realizable Value Cost 30 Item Quantity Leather blazers Model 154 35 Model 160 Model 165 12 Handbags Model 11 60 Model 12 54 Model 13 25 $ 170 215 260 $ 180 203 274 44 59 71 42 55 69 Required: 1. Determine the value of ending inventory that should be reported on the statement of financial position by applying the LC&NRV rule to, a. Each item of inventory b. Each major category of inventory C. Total inventory a. The value of ending inventory b. The value of ending inventory The value of ending C. inventory