Larkspur Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2025. Jim Alcide, controller for Larkspur, has gathered the following data concerning inventory. At May 31, 2025, the balance in Larkspur's Raw Materials Inventory account was $444,720. Alcide summarized the relevant inventory cost and market data at May 31, 2025, in the schedule below. Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Larkspur's May 31, 2025, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle. Cost Sales Price Net Realizable Value Aluminum siding $76,300 $69,760 $61,040 Cedar shake siding 93,740 102,460 92,432 Louvered glass doors 122,080 203,176 183,447 Thermal windows 152,600 168,732 152,600 Total $444,720 $544,128 $489,519 (a) Determine the inventory write-down, if any, at May 31, 2025. Inventory loss $ eTextbook and Media eTextbook 1 eTextbook 2 List of Accounts Assistance Used