the end of the year: Ross Company had the following inventory at : . _r . \"Mme .. l ' ' _' Quantity Cost Market Model Q . 180 $11 $9 L ModelR 150 ' 10 12 Model S 120 7 9 '- Gaskets: ' Model Alpha 60 100 105 r Model Beta 30 85 90 90 90 95 Model Gamma . Ross Company uses the lower of cost or market method (LCM) to value its inventory. Required: Determine the cost of ending inventory by using the lower of cost or market method applied to each category of inventory