Do It! Exercise 6-4 (Part Level Submission) Answer the following questions: (a) Metlock, 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 Medium $ 64,900 289,700 151,400 $ 74,000 260,000 171,900 Large Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. Total inventory value $