The Jewel Fool had the following inventory items on hand at the end of the year. Quantity Cost per Item Value per Item Necklaces $74 $ 69 Bracelets 50 39 59 10 Determine the lower of cost or marketet realizable value per unit and the total amount that should be reported on the balance sheet for each item of inventory. Lower of Cost or Market per Unit Total Amount Reported Necklaces Bracelets Total 0