Give a brief description of the case Write in the context of taking the role of the companies controller. Questions 1. Determine the value of the ending inventory 2. Determine the corresponding cost of goods sold expense for the disc importers for 2004 fiscal year. under each of the four available methods. 3. Identify which method will best meet the concern of each of the four executives in this case. 4. Apply the lower of cost or market value to verify that the cost based valuations are, in fact, lower than the current market value of the inventory. 5. You can also show the impact of freight charge, theft or damaged or even shrinkage in the cost of goods sold.