the annual inancial statements dated December 31 of the current year. Ending inventory information about the five major itoms stocked for reguilar sale follows ENDING INVENTORY CURRENT YEAR dated Jones Company is preparing the annual Net Realzable Quertity Urit Cost When Acquired Value (Marke) at Year-End Hand FIFO) 32 Required: Compute the veluation that should be used for the curment year ending inventory using the LCM rule appled on an item-by-item basis Quantity Total Cost A 52 cl 12 D 72 E 35:2 Total