Using the lower of cost or market, what should the total inventory value be for the following items: Cost Market Value Total Cost Total Market Lower of Cost or Inventory Quantity Item per Unit per Unit Price Price Market A 187 $4 $7 $748 $1,309 B 98 $18 $16 $1,764 $1,568 70 $26 $29 $1,820 $2,030 $ The units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 25 units @ $31 $775 June 16 Purchase 29 units @ $35 1,015 Nov. 28 Purchase 39 units @ $39 1,521 93 units $3,311 There are 15 units of the product in the physical inventory at November 30. The periodic inventory system is used. Determine the difference in gross profit between the LIFO and FIFO inventory cost systems. Enter the answer as a positive number. FIFO Cost of Goods Sold LIFO Cost of Goods Sold Difference