Current Attempt in Progress Tamarisk, Inc. 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 $63,200 $61,200 Medium 289,400 260,800 Large 152,100 172,800 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. Total inventory value $