Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Instructions
From the information above, determine the amount of Bolton Companyinventory.

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Cost Cost to Estited Cost of Completion Normal No. Quantity per UnitReplaceSelling Price and DisposalProft $1.25 .50 1.00 90 Item 0 1320 ,200 $3.20 $3.00 2.30 3.70 3.10 2.00 2.70 1.60 5.20 $4.50 3.50 5.00 3.20 3.25 3.80 2.50 6.00 $.35 1333 1426 1437 1,000 1510 1522 1573 3,000 900 2.70 4.50 3.60 2.25 3.00 1.80 4.70 800 25 80 .40 .75 .50 700 1626 1000 1.00