Identifying a Loss in Applying Lower$-$of$-$Cost$-$or$-$Net Realizable Value

Information related to three products of Adelle Corporation follows.

a$.$ What inventory value is reported in the balance sheet for total inventory under the lower$-$of$-$cost$-$or$-$net realizable value rule assuming each

individual item is evaluated?

b$.$ What inventory value is reported in the balance sheet for total inventory under the lower$-$of$-$cost$-$or$-$net realizable value rule assuming that the inventory in

total is evaluated?

Total inventory value $