Sheffield Corporation has the following four items in its ending inventory:

Item		Cost			Estimated Selling Price			Estimated Disposal Costs
Neutrinos		$	1,930		$2,210			$117
Ocillinos			4,940		4,840			107
Electrons			4,350		4,685			206
Protons			3,460		4,470			107

Assume that Sheffield is a public company using IFRS. Determine the total value of ending inventory, using the lower of cost and net realizable value model applied on an individual item basis.

Item		LC and NRV
Neutrinos		$enter a dollar amount
Ocillinos		$enter a dollar amount
Electrons		$enter a dollar amount
Protons		$enter a dollar amount
Total		$enter a total amount

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Would there be any difference in accounting if Sheffield were a private entity using ASPE?