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 $28 $35 $39 21 28 25 3 6 4 7 0 3 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 Product B inventory value Product C inventory value Total inventory value 0 $ 0 0 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 Check