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Swifty Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item basis. Estimated Selling Price Cost of Completion and Disposal

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Swifty Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item basis. Estimated Selling Price Cost of Completion and Disposal Item No. Quantity Cost per Unit Normal Profit Cost to Replace 1320 1,400 $3.09 $4.64 $0.36 $1.29 0.52 1333 2.37 3.61 0.52 1426 2.78 4.64 3.71 3.81 5.15 0.41 1,100 1,000 1,200 900 700 1437 3.30 1510 1522 278 3.09 1.85 1.65 1573 1626 3,200 1,200 4.84 5.36 From the information above, determine the amount of Swifty Company inventory The amount of Swifty Company's inventory $

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