On the basis of the following data, determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each inventory item.

Item	Inventory Quantity	Cost per Unit	Market value per Unit	Total
				Cost	Market	LCM
A	211	$7	$9	$1,477	$1,899	$fill in the blank 1
B	97	16	13	1,552	1,261	fill in the blank 2
C	37	23	26	851	962	fill in the blank 3
Total						$fill in the blank 4