Lower$-$of$-$Cost$-$or$-$Market Inventory

On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market.

Apply lower$-$of$-$cost$-$or$-$market to each inventory item, as shown in Exhibit $8.$

$\backslash$table$[[$Product$,$Inventory Quantity,Cost per Unit,,Total$],[$Unit $($Net Realizable Value$),$Cost,Market,LCM$],[$Adams$,22,$$$296,$$$315,,,],[$Coolidge$,28,46,43,,,],[$McKinley$,47,227,242,,,],[$Garfield$,28,237,236,,,],[$Lincoln$,44,63,56,,,],[$Total$,,,,,,]]$