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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

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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/NRV is applied to each separate product line, what is the amount of the adjustment that must be made to the company's inventory? $865 Product Line Rustic Mediterranean Contemporary Cost per Unit $ 770 670 1,100 Market Value per Unit Quantity 330 745 440 650 345

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