Skysong Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

Item No.		Quantity		Cost per Unit		Estimated Selling Price		Cost to Complete and Sell
1320		1,500		$3.55		$5.00		$1.78
1333		1,200		3.00		3.77		1.11
1426		1,100		5.00		5.55		1.55
1437		1,300		4.00		3.55		1.50
1510		1,000		2.50		3.61		1.55
1522		800		3.33		4.33		0.89
1573		3,300		2.00		2.78		1.33
1626		1,300		5.22		6.66		1.67

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

The amount of Skysong Companys inventory

$

The amount of Skysong Companys inventory

Sarasota Company 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		1,900			$3.62			$3.39			$5.09			$0.40			$1.41
1333		1,600			3.05			2.60			3.96			0.57			0.57
1426		1,500			5.09			4.18			5.65			0.45			1.13
1437		1,700			4.07			3.50			3.62			0.28			1.02
1510		1,400			2.54			2.26			3.67			0.90			0.68
1522		1,200			3.39			3.05			4.29			0.45			0.57
1573		3,700			2.03			1.81			2.83			0.85			0.57
1626		1,700			5.31			5.88			6.78			0.57			1.13

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

The amount of Sarasota Companys inventory

$