Weldon Animal Feeds has developed the following data for lower of cost and net realizable valuation for its products (in thousands)

	Selling
	Price	Cost
Large animals:
Cattle	$320	$160
Horse	400	400
Small animals:
Cat	$360	$320
Dog	120	90
Exotic pets:
Ferret	$140	$112
Iguana	70	48

The costs to sell are 20% of selling price. Required: Determine the reported inventory value assuming the lower of cost and net realizable value rule is applied to classes of feeds.