Boulder, Inc. is computing its inventory at December 31, 2019. The following information relates to the five major inventory items regularly stocked for resale:

Item	Quantity on Hand	Ending Inventory, December 31, 2019 Unit Cost when Acquired (FIFO)	Net Realizable Value (Market) at December 31, 2019
A	100	$40	$35
B	150	$50	$52
C	25	$100	$80
D	300	$60	$62
E	700	$15	$12

Using the lower of cost or net realizable value, compute the total the total inventory valuation at December 31, 2019. (number only, no need for $).