QUESTION 3 Cullumber Company sells coffee beans, which are sensitive to price fluctuations. The following inventory Information is available for this product at December 31, 2017: Market Value/Unit Coffee Bean Type Coffea Arabica Coffea robusta Units of inventory 14,200 5,100 Unit cost $5.30 $3.70 $5.24 53.80 Calculate the value Cullumber should report for ending inventory on December 31, 2017 after applying the lower.of.cost or market rule