HT. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory information about the five major items stocked for regular sale follows: ENDING INVENTORY, CURRENT YEAR Net Realizablo Quantity Unit Cost When Value (Market) Acquired (FIFO) $ 17 32 50 27 12 Item B D E on Hand 52 82 12 72 352 at Year-End $ 14 42 54 32 7 Required: Compute the valuation that should be used for the current year ending Inventory using lower of cost or net realizable value applied on an item-by-item basis. Lower of Cost or NRV Total Net Item Quantity Total Cost Realizable Value 52 B B2 12 D 72 E 352 Total ___ mo