Inventory Write-Down The following information is taken from Aden Company's records: Product Group Units Cost/Unit Market/Unit A 1 700 $1.10 $0.90 B 1 300 1.50 1.55 2 200 4.90 5.15 D 2 100 6.50 6.40 E 3 80 25.00 24.60 Required: What is the correct inventory value if the company applies the LCNRV rule to each of the following? a. Individual items Product A 630 Product B 450 Product C 980 Product D 640 Product E 1,968 Total inventory value 4,668 b. Groups of items Group 1 $ 1,017.5 Group 2 1,630 Group 3 1,968 Total inventory value $ C. The inventory as a whole Total inventory value $ O