On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 10.

Exhibit 10: Checking Account Company and Bank Perspectives:

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Inventory Quantity 80 120 30 75 60 Cost per Commodity Ash Aspen Beech Maple Oak Unit $140 90 75 Market Value per Unit Net Realizable Value) $125 112 74 86 145 140 Company Bank Asset Cash in Bank Liability Company's Account Balance XXX Balance XXX Increases in liability EFT deposits Decreases in liability Debit Memo Credit Memo EFT payments Service charges NSF checks Bank errons Notes receivable collections Increases asset Decreases asset Loan proceeds Interest earned Bank errors