Lower-or-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. Inventory Inventory Cost per Market Value per Unit Item Quantity Unit (Net Realizable Value) Birch $125 $133 Cypress 20 215 192 Mountain Ash 228 203 47 188 198 Spruce Willow 18 215 198 Inventory at the Lower of Cost or Market Total Market Total LCM Inventory Item Total Cost Birch Cypress Mountain Ash Spruce Willow Total