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Larkspur Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost per Unit Estimated Selling Price Cost

Larkspur Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Estimated Selling Price

Cost to Complete and Sell

1320 1,300 $4.00 $5.63 $2.00
1333 1,000 3.38 4.25 1.25
1426 900 5.63 6.25 1.75
1437 1,100 4.50 4.00 1.69
1510 800 2.81 4.06 1.75
1522 600 3.75 4.88 1.00
1573 3,100 2.25 3.13 1.50
1626 1,100 5.88 7.50 1.88

From the information above, determine the amount of Larkspur Company inventory.

The amount of Larkspur Companys inventory

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