Sparks Furniture Company carries three lines of sofas. Information about the sofa inventory as of the end of its most recent fiscal year follows. If LCM is applied to each separate product line, what is the amount of the adjustment that must be made to the company's inventory?

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value 5.00 points Sparks Furniture Company carries three lines of sofas. Information about the sofa inventory as of the e its most recent fiscal year follows. If LCM is applied to each separate product line, what is the amount adjustment that must be made to the company's inventory Market Value per Product Line Cost per Unit Quantity Unit Rustic $705 $735 200 Mediterranean 605 615 310 Contemporary 955 830 280