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 206 $4 $8 $824 $1,648 $fill in the blank 1 B 104 14 11 1,456 1,144 fill in the blank 2 C 60 21 23 1,260 1,380 fill in the blank 3 Total $fill in the blank 4