v can I get explanation how to get final value and the equation

Lower-of-Cost-or-Market How LCM Works (Individual Items) Illustration 9-5 Food Spinach Carrots Cut beans Peas Mixed vegetables Cost $ 80,000 100,000 50,000 90,000 Replacement Cost $ 88,000 90,000 45,000 36,000 Net Realizable Value (Ceiling) $120,000 100,000 40,000 72,000 Net Realizable Value Less a Normal Profit Margin (Floor) $104,000 70,000 27.500 48,000 Designated Market Value $104,000 90,000 40.000 48.000 Final Inventory Value $ 80,000 90.000 40.000 48.000 95,000 105,000 92,000 80,000 92.000 92.000 $350.000