The following basic inventory data for April 30 are for a business that employs the lower-of-cost-or-market basis of inventory valuation to each item. a. Complete the table. Total Commodity Inventory Quantity Cost per Market Value Unit per Unit Cost Market LCM A 35 $52 $55 B 20 155 150 C 25 82 85 D 40 58 55 Total b. Determine the amount of reduction in the inventory at April 30 attributable to market decline.