Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
Item No.QuantityCost per UnitCost to ReplaceEstimated Selling PriceCost of Completion and DisposalNormal Profit
13201,900$4.64$4.35$6.53$0.51$1.81
13331,6003.923.345.080.730.73
14261,5006.535.377.250.581.45
14371,7005.224.504.640.361.31
15101,4003.262.904.711.160.87
15221,2004.353.925.510.580.73
15733,7002.612.323.631.090.73
16261,7006.827.548.700.731.45
From the information above, determine the amount of Bolton Company inventory.
The amount of Sedato Company’s inventory $______________