March 2	Beginning Inventory	120 units @ $4.00
March 5	Purchases	500 @ $4.50
March 8	Sale	300 units
March 19	Purchases	200 units @ $4.75
March 30	Sale	400 units

LIFO calculation: Balance of ending inventory in $.

LIFO calculation: Total Cost of Goods Sold.

FIFO calculation: Balance of ending inventory in $.

FIFO calculation: Total Cost of Goods Sold.

Calculation of inventory value using Lower of Cost or Market (LCM) method. Mattie Company produces 4 types of dog food and shows the following value of inventory. If Mattie applies the LCM method, what is the value of the inventory that should be shown on the balance sheet?

Product	Cost	Market
Super Star	$64,000	$61,000
Happy Dog	$290,000	$260,000
Lazy Dog	$152,000	$167,000
Puppy	$50,000	$32,000

QUESTION: If Mattie applies the LCM method, what is the value of the inventory that should be shown on the balance sheet?