Weldon Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its products: Selling Cost to Price Cost Replace Large animals Cattle Horse Small animals $320 400 S160 350 $170 320 Cat $360 $320 90 $280 40 120 Dog Exotic pets Ferret Iguana $140 $112 70 48 $98 21 1 2 3 The normal profit margin on all feed is 25% of selling price and disposal costs are 20% of selling price. Instructions: Determine the balance sheet inventory carrying value assuming the LCM rule is applied to individual types of feeds for the cattle, horse, cat and dog only. Record any necessary journal entries. Show all work for full