Till Bibbetts Inc. has the following inventory. Using lower of cost or market (LCM) calculate the value of ending inventory using two separate assumptions: (1) apply LCM to each inventory item; (2) apply LCM to the aggregate total of inventory. \begin{tabular}{|l|r|r|r|r|} \hline Product & \multicolumn{1}{l|}{ Cost } & Selling price & Disposal cost & \\ \hline Soaps & 90,000 & 150,000 & 20,000 & \\ \hline Shampoos & 110,000 & 120,000 & 15,000 & \\ \hline Conditioners & 60,000 & 70,000 & 5,000 & \\ \hline Lotions & 100,000 & 115,000 & 5,000 & \\ \hline Oils & 105,000 & 110,000 & 8,000 & \\ \hline \end{tabular}