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. Assemble the data in the form illustrated in Exhibit 9. Market Value per Unit (Net Realizable Value) $70 20 125 115 202 Inventory InventoryCost per Unit $66 43 114 97 221 Item Quantity 23 18 49 Birch Mountain Ash Spruce Willow 19 Inventory at the Lower of Cost or Market Inventory Item Total Cost Total Market Total Lower of C or M Birch Cypress Mountain Ash Spruce Willow Total