Green Leaf Company had the following information available on December 31: Item Units Cost Total cost Market value Wheelbarrows Shovels Gloves Hoses 100 320 80 140 $32.10 14.00 8.60 $ 3,210 4,480 688 1,540 $ 9,918 $ 33.00 12.00 9.40 10.50 Total market value $ 3,300 3,840 752 1,470 $ 9,362 11.00 Management applies the LCM rule on the basis of Inventory category and includes wheelbarrows and hoses in the large implement category and shovels and gloves in the small implement category What is the write down required