QUESTION 34 The following amounts relate to the inventory of Cougar Inc. as of December 31, 2019: Units Cost per Unit Market Value per Unit Model A 100 $11 $10 Model B 500 $18 $23 Model C 200 $5 $7 Model D 400 $8 $8 Under the lower-of-cost-or-market method, total inventory value on December 31, 2019 is: $14,200 $14,300 $16,600 $16,700