Referring to the inventory data for Sedato Company in E9-3, assume that Sedato follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.	Quantity	Cost per Unit	Cost to Replace	Estimated Selling Price	Cost of Completion and Disposal	Normal Profit
1320	1400	$3.84	$3.60	$5.40	$0.42	$1.50
1333	1100	3.24	2.76	4.20	0.60	0.60
1426	1000	5.40	4.44	6.00	0.48	1.20
1437	1,200	4.32	3.72	3.84	0.30	1.08
1510	900	2.70	2.40	3.90	0.96	0.72
1522	700	3.60	3.24	4.56	0.48	0.60
1573	3,200	2.16	1.92	3.00	0.90	0.60
1626	1,200	5.64	6.24	7.20	0.60	1.20

Instructions

From the information above, determine the amount of Sedato Company inventory.