Monty Corporation has the following four items in its ending inventory: Item Cost Estimated Selling Price...

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Monty Corporation has the following four items in its ending inventory: Item Cost Estimated Selling Price Estimated Disposal Costs Neutrinos $ 1,910 $2,190 $115 Ocillinos 5,060 4,960 107 Electrons 4,230 4,565 204 Protons 3,460 4,470 101 (a) Assume that Monty is a public company using IFRS. Determine the total value of ending inventory using the lower of cost and net realizable value model applied on an individual item basis. Monty Corporation has the following four items in its ending inventory: Item Cost Estimated Selling Price Estimated Disposal Costs Neutrinos $ 1,910 $2,190 $115 Ocillinos 5,060 4,960 107 Electrons 4,230 4,565 204 Protons 3,460 4,470 101 (a) Assume that Monty is a public company using IFRS. Determine the total value of ending inventory using the lower of cost and net realizable value model applied on an individual item basis.