The inventory of Windsor Company on December $31,2025,$ consists of the following items.

${?}^3$ Part No$.121$ is obsolete and has a realizable value of $$1\mathrm{.}00$ each as scrap.

$($a$)$ Determine the inventory as of December $31,2025,$ by the LCNRV method, applying this method to each item.

Inventory as of December $31,2025$ $

$($b$)$ Determine the inventory by the LCNRV method, applying the method to the total of the inventory.

Inventory as of December $31,2025$$

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