Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.From the information below, determine the amount of Bolton Company inventory.

Item No.		Quantity			Cost per Unit			Cost to Replace			Estimated Selling Price			Cost of Completion and Disposal			Normal Profit
1320		1,500			$3.65			$3.42			$5.13			$0.40			$1.43
1333		1,200			3.08			2.62			3.99			0.57			0.57
1426		1,100			5.13			4.22			5.70			0.46			1.14
1437		1,300			4.10			3.53			3.65			0.29			1.03
1510		1,000			2.57			2.28			3.71			0.91			0.68
1522		800			3.42			3.08			4.33			0.46			0.57
1573		3,300			2.05			1.82			2.85			0.86			0.57
1626		1,300			5.36			5.93			6.84			0.57			1.14