Worrin Company follows the practice of pricing its inventory at the lower-of-cost-or- market on an individual item basis. Worrin has the following data concerning its inventory at December 31, 2021: Estimated Cost of Item Cost Cost Selling Completion Normal Number Quantity per Unit to Replace Price and Disposal Profit 1320 1,200 $3.20 $3.00 $4.50 $0.35 $1.25 1333 900 2.70 2.30 3.50 0.50 0.50 1426 800 4.50 3.70 5.00 0.40 1.00 1437 1,000 3.60 3.10 3.20 0.25 0.90 1510 700 2.25 2.00 3.25 0.80 0.60 1522 500 3.00 2.70 3.80 0.40 0.50 1573 3,000 1.80 1.60 2.50 0.75 0.50 1626 1,000 4.70 5.20 6.00 0.50 1.00 What is the amount of the Worrin inventory under LCM at December 31, 2021?