Inventory Write-Down The following information is taken from Aden Company's records: 300 Product Group Units Cost/Unit Market/Unit 1 600 $1.10 $0.90 1.50 1.55 C 2 200 4.90 5.15 100 6.50 25.00 24.60 6.40 Required: What is the correct inventory value if the company applies the LCNRV rule to each of the following? Round your answers to the nearest cent. a. Individual items Product A Product B Product C Product D Product E Total inventory value b. Groups of items Required: What is the correct Inventory value if the company applies the LCNRV rule to each of the following? Round your answers to the nearest cen a. Individual items Product A Product B Product C Product D Product E Total inventory value Hin Home b. Groups of items Group 1 Group 2 Group 3 Total inventory value c. The inventory as a whole Total inventory value