Sarasota Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

X Your answer is incorrect. Try again Sarasota Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost of Completion and Disposal Estimated Cost per Selling Normal Profit Item Cost to No. Quantity Unit Replace 13201,300 $3.74 1333 1,000 1426 1437 1,100 1510 1522 1573 3,100 16261,100 Price $3.51 2.69 4.33 3.63 2.34 3.16 1.87 6.08 $5.27 4.10 5.85 3.74 3.80 4.45 2.93 7.02 $0.41 0.59 0.47 0.29 0.94 0.47 0.88 0.59 $1.46 3.16 5.27 4.21 2.63 3.51 2.11 5.50 0.59 1.17 1.05 0.70 0.59 0.59 1.17 900 800 600 From the information above, determine the amount of Sarasota Company inventory The amount of Sarasota Company's inventory 31000