how to compute ending inventory by applying the lower of cost or market basis?

4. The controller of Cox Company is applying the lower-of-cost or ending inventory. The following information is available market basis of valuing Lawnmowers Market Self-propelled Push type $14.800 $17,000 Total Snowblowers 29,800 31,000 Manual Self-start Total $87.000 Total inventory Instructions Compute the value of the ending inventory by applying the lower-of-cost-or-market basis