Valuing Inventory at Lower-of-Cost-or-Market Gard Inc. has compiled the following information related to its five products. Costs of disposal are estimated to be 10% of selling price, and gross profit is estimated to be 25% of the selling price. Determine the value of inventory applying the lower-of-cost-or-market rule to each individual inventory item. Note: Round each amount to the nearest dollar. #2 85 Tummated selling price 1528 5608 1656 1800 $1,040 Orignal cost (UFO) 300 384 480 504 220 Replacement cost 400 560 392 528 664 Inventory at the lower-of-cost-or markat s 4752 5472x 5904x1 7201 936 M