Peterson Company is preparing its annual financial statements dated December $31$ of the current year. Ending inventory information about the five major items stocked for regular sale follows:

$\backslash$table$[[,,$Ending Inventory,$],[$Item$,$Quantity on Hand,Unit Cost $($FIF$0),\backslash$table$[[$Net Realizable$],[$Value at Year$-$End$]]],[$A$,60,$$$16\mathrm{.}00,$$$13\mathrm{.}00$l Peterson Fumiture Designs is preparing its annual financial statements dated December $31.$ Ending inventory information about the five major items stocked for regular sale follows: Required: $1-$a$.$ Complete the final two columns of the table. $1-$b$.$ Compute the amount that should be reported for the ending inventory using the LCBNRV rule applied to each item