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-or-market to each inventory item, as shown in Exhibit 8. If units are in inventory at two different costs, enter the OLDEST units first.

Item	Inventory Quantity	Unit Cost Price	Unit Market Price
CK3J	200	$40	$37
TX24	150	55	60