(a) Your answer is incorrect. Try again. Pharoah Company sells three different categories of tools (small, medium, and large). The cost and net realizable value of its inventory of tools are as follows. Net Realizable Value Cost Small $64,100 72,100 Medium 289,300 260,800 Large 152,300 170,500 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. Total inventory value LINK TO TEXT Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER (b1) f this question must be completed in order. This part will be available when you complete the part above