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Exercise 9-7 X Your answer is incorrect. Try again. Kingbird Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis Cost per Estimated Selling Price Cost of Completion and Disposal Item Cost to Normal No. Quantity Unit Replace 1320 1,800$3.55 1333 1,500 1426 1,400 1437 1,600 1510 1,300 1522 1,100 1573 3,600 1626 1,600 3.00 5.00 4.00 2.50 3.33 2.00 5.22 $3.33 2.55 4.11 3.44 2.22 3.00 1.78 5.77 $5.00 3.89 5.55 3.55 3.61 4.22 2.78 6.66 $0.39 0.56 0.44 0.28 0.89 0.44 0.83 0.56 Profit $1.39 0.56 1.11 1.00 0.67 0.56 0.56 1.11 From the information above, determine the amount of Kingbird Company inventory The amount of Kingbird Company's inventory 42023