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Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis Item No. Quantity Cost per Unit Cost to

Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis

Item No. Quantity Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit
1320 1700 5.98 5.61 8.42 0.65 2.34
1333 1400 5.05 4.30 6.55 0.94 0.94
1426 1300 8.42 6.92 9.35 0.75 1.87

From the information above, determine the amount of Bolton Company inventory.

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