Identifying a Loss in Applying Lower-of-Cost-or-Net Realizable Value Information related to three products of Adelle Corporation follows. Product A Product B Product C Estimated selling price Original cost (FIFO) Cost of disposal Cost of completion $40 $50 $56 30 40 36 4 8 6 10 0 4 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? Product A inventory value 0 x Product B inventory value 0 x Product C inventory value 0 x Total inventory value $ 0 x 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 $ 0