Use the lower-of-cost-or-market rule to determine the value (in $) of the following inventory for Save-Mor Merchandisers.

Item	Qty	Cost	Market	Valuation Basis	Amount
Raincoats	470	$88	$58	---Select--- cost market	$
Birdcages	315	50	38	---Select--- cost market
Radios	222	47	46	---Select--- cost market
Calculators	377	14	17	---Select--- cost market
Video Games	467	40	33	---Select--- cost market
Total Value of Inventory					$

Use the lower-of-cost-or-market rute to determine the value in $) of the following inventory for Save-Mor Merchandisers. Item Qty Cost Market Valuation Basis Amount Raincoats 470 S88 $58 -Select- $ Birdcages 315 50 38 Select- Radios 222 47 46 -Select- Calculators 372 14 12 Select Video Games 467 40 33 Select Total Value of Inventory $