what is a good response for the following post made by a classmate? 1. Item Code: ACE Quantity: 100 Unit Cost: $27 Net Realizable Value: $25 Lower value: $25 (since $25 < $27) Inventory Value = Quantity Lower value = 100 $25 = $2,500 2. Item Code: BDF Quantity: 300 Unit Cost: $29 Net Realizable Value: $31 Lower value: $29 (since $29 < $31) Inventory Value = Quantity Lower value = 300 $29 = $8,700 3. Item Code: GHJ Quantity: 400 Unit Cost: $22 Net Realizable Value: $18 Lower value: $18 (since $18 < $22) Inventory Value = Quantity Lower value = 400 $18 = $7,200 4. Item Code: MBS Quantity: 200 Unit Cost: $23 Net Realizable Value: $27 Lower value: $23 (since $23 < $27) Inventory Value = Quantity Lower value = 200 $23 = $4,600 Total Inventory Value = $2,500 (ACE) + $8,700 (BDF) + $7,200 (GHJ) + $4,600 (MBS) = $23,000