The inventory of Martinez SE on December 31, 2022, consists of the following items. Cost per Net Realizable Value Part Quantity unit A419 5,000 12.00 21.00 A435 4,250 9.00 7.00 A545 10,100 8.00 12.00 A615 7,500 11.00 8.00 A721 11,000 10.00 11.00 A885 14,000 16.00 20.00 A9990 9,200 7.00 1.00 a Part No. A999 is obsolete and has a realizable value of 1 each as scrap. (a) Determine the inventory as of December 31, 2022, by the LCNRV method, applying this method to each item. Inventory as of December 31, 2022 (b) Determine the inventory by the LCNRV method, applying the method to the total of the inventory. Inventory as of December 31, 2022