Lower-of-Cost-or-Market Inventory Inventory Quantity Cost per Unit 120 $150 On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Birch Inventory Item Market Value per Unit (Net Realizable Value) $140 Cypress 90 120 130 Mountain Ash 200 110 100 Spruce 160 90 100 Willow 70 130 120 Inventory at the Lower of Cost or Market Inventory Item Birch Cypress Mountain Ash Spruce Willow Total Total Cost Total Market Total LCM QOOQ 000000 000000