Grant Wood Company manufacturers desks. Most of the company's desks are standard models and are sold on the basis of catalog prices. At December 31,2008, the following finished desks appear in the company's inventory. Finished Desks: 2008 catalog selling price (A)450,(B)480,(C)900,(D)1050,FIFO cost per inventory list 12/31/08 (A)470,(B)450,(C)830,(D)960, estimated current cost to manufacture(at December 31,2008 and early 2009) (A)460,(B)440,(C)610,(D)1000, sales commission and estimated other cost of disposal (A)45,(B)60,(C)90,(D)130, 2009 catalog selling price (A)500,(B)540,(C)900,(D)1200. Instructions: At what amount should each of the four desks appear in the company's December 31,2008, inventory, assuming that the company has adopted a lower of FIFO cost or market approach for valuation of inventories on an individual item basis?