The following information pertains to James Hardware's ending Inventory for the current year: item Quantity Unit Cost Unit Market Value Uno 200 $10.00 $8.00 Two 100 $12.00 $10.00 Triple 40 $8.00 $9.00 Quad 30 $5.00 $10.00 Which of the following is the value of the ending inventory using the lower-of-cost-or market rule applied to each individual inventory item? Multiple Choice $3,200 14.080 $3.670 o $3.070