Wye the following to answer the question(s) below: Weldon Animal Feeds has developed the following data to calculate lower of cost or marker for its products. The individual products are listed individually among their categories of feed (in thousands): The costs to sell are 20% of the selling price and the nomal profit margin on all feed is 25% of the selling price. 21) Required: Determine the reported inventory value assuming the lower of cost or market rule is Inventory value