5. Identify three (3) allowable methods of valuing inventory: Note: The first method has been listed for you. You are to add the remaining 2 allowable valuation methods in column one. In column two explain the key features of each of the three valuation methodsi.e. explain specifically how the inventory gets valued under the respective valuation methods and any assumptions the valuation method makes about the flow of the inventory Your answer should be a minimum of 50 words but no longer than 80 words 3 acceptable inventory valuation Explanation of the Valuation method and methods: its key features or assumptions (i) Specific Identification (ii)