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An entity reported the following information about the inventory:

Cost NRV LCNRV

Category 1

A 2,625,000 2,875,000 2,625,000

B 1,700,000 1,600,000 1,600,000

Category 2

A 2,000,000 1,600,000 1,600,000

B 1,950,000 1,800,000 1,800,000

1. under LCNRV individual approach

2. under LCNRV category approach

3. under LCNRV Total approach

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