Marigold Corp. sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as follows. Cost Net Realizable Value Small $67,780 $ 66,680 Medium 263,930 254,960 Large 147,310 176,480 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. The total inventory value $