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. Total Inventory Quantity Cost per Unit Market value per Unit Item Cost Market LCM 205 $10 $14 $2,050 $2,870 $ B 94 14 11 1,316 1,034 72 24 26 1,728 1,872 Total $