homework help please

It is December 31, the end of the year, and the controller of Santana Corporation is applying the lower-of-cost-or-market (LCM) rule to inventories. Before any year-end adjustments, Santana reports the following data: Cost of goods sold ............................... $ 410,000 Historical cost of ending inventory, as determined by a physical count ............. 62,000 Santana determines that the current replacement cost of ending inventory is $41,000. Show what Santana should report for ending inventory and for cost of goods sold. Identify the nancial statement where each item appears. Inventory will be reported on the W at $ balance sheet income statement statement of stockholders' equity