Windsor Home Improvement Company installs replacement siding, windows, and louvered glass doors for single$-$family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May $31,2025.$ Jim Alcide, controller for Windsor, has gathered the following data concerning inventory.

At May $31,2025,$ the balance in Windsor's Raw Materials Inventory account was $$497,760.$ Alcide summarized the relevant inventor cost and market data at May $31,2025,$ in the schedule below.

Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Windsor's May $31,2025,$ financial statements for inventory under the lower$-$of$-$cost$-$or$-$market rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle. Consider the following expanded data at May $31,2025.$ Assume Windsor uses LIFO inventory costing.

$\backslash$table$[[,$Cost,$\backslash$table$[[$Replacement$],[$Cost$]],$Sales Price,$\backslash$table$[[$Net Realizable$],[$Value$]],$Normal Profit$],[$Aluminum siding,$$85,400,$$$76,250,$$$78,080,$$$68,320,$$$6,222$

For the fiscal year ended May$31,2025,$ prepare the entry to record the decline in inventory market, if any, using the loss method.