= Question 7 of 7 View Policies Current Attempt in Progress Concord Corporation sells three different categories of tools (small, medium, and large). The cost and net realizable value of its inventory of tools are as follows. Small Medium Large Cost $ 64,300 290,600 153.000 Net Realizable Value $ 60,706 261,000 172.200 Determine the value of the company's inventory under the lower of cost-or-net realizable value approach, Total inventory value $ Save for Later Attempts: 0 of 1 used Submit