Loft Co. reviewed its LIFO inventory values for proper pricing at year-end. The following summarizes two inventory items examined for the lower of cost or market: Original cost Replacement cost Net realizable value Net realizable value less profit margin Inventory item #1 $210,000 150,000 240,000 208.000 Inventory item #2 $400,000 370,000 410,000 405,000 What amount should Loft include in inventory at year-end, if it uses the total of the inventory to apply the lower of cost or market? $613,000 $650,000 $610,000 $520,000 Save for later Attempts:0 of 1 used Submit Awes