Fine Leather Ltd. had the following inventory at December 31, 2017:

			Per Unit
Item	Quantity		Cost			Net Realizable Value
Leather blazers
Model 154	30		$	160		$	180
Model 160	30			210			200
Model 165	12			260			272
Handbags
Model 11	60			42			41
Model 12	52			57			53
Model 13	25			71			69

Required:
1.	Determine the value of ending inventory that should be reported on the statement of financial position by applying the LC&NRV rule to,
	a. Each item of inventory
	b. Each major category of inventory
	c. Total inventory

2.	Not available in Connect.
3	Not available in Connect.