Novak Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit Item No. Quantity 1320 1,700 $4.00 $3.75 $5.63 $0.44 $1.56 1333 1,400 3.38 2.88 4.38 0.63 0.63 1426 1,300 5.63 4.63 6.25 0.50 1.25 1437 1,500 4.50 3.88 4.00 0.31 1.13 1510 1,200 2.81 2.50 4.06 1.00 0.75 1522 1,000 3.75 3.38 4.75 0.50 0.63 1573 3,500 2.25 2.00 3.13 0.94 0.63 1626 1,500 5.88 6.50 7.50 0.63 1.25 From the information above, determine the amount of Novak Company inventory. The amount of Novak Company's inventory $