Liberty Company sells 4 products. The company prices its inventory at the Lower of Cost or Market. The profit margin is 20% of sales. On November 30, 2021, the records of the company showed the following information: Products Costs Replacement Estimated Completion Selling Price and Disposal Cost Costs $120 $75 $120 $30 C 110 25 74 D 80 105 35 75 E 50 20 90 50 F 40 Required: Determine the lower of cost or market for each product for Liberty Company. Note: 1. Show all formulas/calculations in words first then with numbers. Show how each number was determined for each product. 2. If no work is shown on how each number was determined, even if the answer is correct, no points will be given