Home Depot paid $1,000 for its inventory in February. By March, the inventory can be replaced for $800. (The current market value of the inventory is $800.) According to the lower of cost or market rule, at which value should Home Depot's inventory be reported on its balance sheet? $1,800 $1.000 $300 $200 QUESTION 26 Which of the following is NOT a purpose of implementing internal controls? To promote operational efficiency To safeguard assets To encourage employees to change company policies To ensure accurate, reliable accounting records