Novak Home improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its anniual financial statements for the fiscal year ended Mry 31 , 2025. Jim Alcide, controller for Novak, has gathered the following data conceming inventory. At May 31,2025 , the balance in Novak's Raw Materials inventory account was $473,280. Alcide summarized the relevant inventory cost and market data at May 31, 2025, in the schedule below. Alcide assigned Patricla Devereax, an intern from a local college, the task of calculating the amount that should appear on Novak's May 31, 2025, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concem over departing from the historical cost principle. Determine the inventory write-down, if any, at May 31.2025. Inventory loss 5 eTextbook and Meda List of Accounts Attemptsio of 5 used (b)