Question 3 Incomplete answer Marked out of 42.00 Flag question Valuing Inventory Using Lower-of-Cost-or-Net Realizable Value Printer Inc. discloses the following ending inventory data. Classification Quantity Cost per Unit NRV per Unit Paper Stock X 400 $300 $330 Stock Y 120 250 230 Ink Stock D 40 $70 $65 Stock E 20 55 62 Support Toner Stock A 16 $75 $70 Stock B 8 95 80 Stock C 14 100 110 a. Determine the valuation of inventory at cost and at the lower-of-cost-or-net realizable value assuming application by (a) individual items, (b) similar. classifications, and (c) total inventory. The unit costs of the three categories are significantly different; however, within each category the unit costs are 1. Calculate the lower of cost or net realizable value applying the rule to each individual item. $ 0 2. Calculate the lower of cost or net realizable value applying the rule by inventory category. $ 3. Calculate the lower of cost or net realizable value applying the rule to total inventory. $ 0