(LCNRV): Sedato Com. 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	1200	$3.20	$4.50	$1.60
1333	900	2.70	3.40	1
1426	800	4.50	5	1.40
1437	1000	3.60	3.20	1.35
1510	700	2.25	3.25	1.40
1522	500	3	3.90	0.80
1573	3000	1.80	2.50	1.20
1626	1000	4.70	6	1.50

Instructions:

From the information above, determine the amount of Sedato Com. inventory.