<br/><img src="https://media.cheggcdn.com/media%2F0ec%2F0ec08548-d956-429a-b292-0ec2c3338d56%2Fimage.png" alt="Exercise 9-7 Crane Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis EstimatedCost of Item Cost to Completion Normal and Disposal Profit