Teal Mountain, Inc. values its inventory at the lower-of-LIFO-cost-or-market. The following information is available from the Estimated Price/Unit 16.24 10.32 36.60 22.97 16.18 Completion &Normal Unit Replacement Selling Disposal Cost/Unit Profit Margin/Unit $3.94 2.09 10.44 6.67 1.28 Item Quantity Cost Cost/Unit X490 11,832 $14. 50 512 5,742 8.12 X682 20,880 22.04 Z195 14,500 16.53 9,97613.92 $13.86 8.70 21.58 16.24 14.79 $3.48 0.29 3.77 1.62 2.44 Z846 Calculate the lower-of-cost-or-market using the individual-item approach. Lower-of-Cost-or-Market (Per unit basis) x490 X512 682 X195 X846