LaSalle Ltd. applies the lower of cost or Net Realizable Value (NRV) valuation to inventory. The company's inventory at the end of the year is provided by TABLE 1 as seen below. Required: Determine the dollar amount of adjustment (if any) that is required to inventory in the books of account based on each of the following valuation methods: 1. By individual type of item. 2. By class of inventory." Table 1 Per Unit Net Realizable LaSalle Company inventory Quantity Cost Value Class A: LaSalle Basic 68 $128 $162 LaSalle Gold 48 $185 $168 Class B: No name brand - value 138 $118 $128 No name brand - mid market 78 $165 $182 No name brand - superior 58 $242 $178