On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market by applying lower$-$of$-$cost$-$ormarket to each inventory item, as shown in Exhibit $10.$

Market Value per Unit

$\backslash$table$[[$Item$,$Inventory Quantity,Cost per Unit,$($Net Realizable Value$)],[$JFW$1,50,$$$46,$$$48$