Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market,

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 Profit13201,900$4.64$4.35$6.53$0.51$1.8113331,6003.923.345.080.730.7314261,5006.535.377.250.581.4514371,7005.224.504.640.361.3115101,4003.262.904.711.160.8715221,2004.353.925.510.580.7315733,7002.612.323.631.090.7316261,7006.827.548.700.731.45From the information above, determine the amount of Bolton Company inventory.The amount of Sedato Company’s inventory $______________

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