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 9. Inventory Cost per Inventory Quantity Market Value per Unit (Net Realizable Value) Item Unit Birch 9 $292 $276 Cypress 50 225 229 Mountain Ash 13 46 65 Spruce 37 196 190 Willow 23 128 143 Inventory at the Lower of Cost or Market Total Cost Total Market Total Lower of C or M Inventory Item Birch $ $ $ Cypress Mountain Ash Spruce Willow Total $