Problem 9-1 Whispering Company manufactures desks. Most of the company's desks are standard models and are sold on the basis of catalog prices. At December 31, 2017, the folloning finished desks (10 desks in each category) appear in the company's inventory. Finished Desks 2017 catalog selling price FIFO cast per inventory list 12/31/17 Estimated cost to complete and sell 2019 cataloo selling price $480 501 53 534 S512 960 996 S1,120 1,024 139 1,280 54 576 The 2017 catalog was in effect through November 2017, and the 2018 catalog is effective as of December 1; catalog prices are net of the usual discounts At what amount should each of the four desks appear in the cempany's December 31, 2017, inventory, assuming that the company has adopted a lower-of-Firo-cot-or-net realizable value (LCNRV) approach for valuation of inventories on an individual-item basis? Item A tem B Item C Itemm D Click if you would like to show Work for this question: Work