On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 10. Product Market Value per Unit Inventory Quantity Cost Per Unit (Net Realizable Value)) Class 1: Model A 300 $140 $125 Model 500 10 112 Model C 150 60 59 Class 2: Model D 800 120 Model E 400 140 115 145 a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. Inventory at the Lower of Cost or Market Inventory Cost Market Value per Unit Cost Market Lower of Cost or Market Quantity per Unit (Net Realizable Value) Product Model A Model B Model C Model D Mode Tutal b. Determine the value of the inventory at the lower of cost or market appled to each class of inventory