Inventory on the Balance Sheet On the basis of the following data, determine the value of the inventory at the lower of cost or market. Refer to Exhibit 9 for guidance. Product Inventory Quantity Unit Cost per Unit Market Value per Unit (Net Realizable Value) Adams 100 $140 $125 Coolidge 375 90 112 McKinley 220 60 59 Garfield 900 120 115 Lincoln 626 140 145 Assuming that the cost was determined by the FIFO method, show how Inventory would appear on the balance sheet. Inventory