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The inventory of Nash Company on December 31,2025 , consists of the following items. apart No. 121 is obsolete and has a realizable value of

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The inventory of Nash Company on December 31,2025 , consists of the following items. apart No. 121 is obsolete and has a realizable value of $1.00 each as scrap. (a) Determine the inventory as of December 31,2025, by the LCNRV method, applying this method to each item. (a) Determine the inventory as of December 31, 2025, by the LCNRV method, applying this method to each item. Inventory as of December 31,2025$

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