Final answer:
The information provided does not contain the necessary details to calculate Marigold Company's inventory using the lower-of-cost-or-market method.
Step-by-step explanation:
The question pertains to determining the inventory amount for Marigold Company using the lower-of-cost-or-market method on an individual-item basis. However, the necessary information to compute the inventory value is missing from the provided details. To calculate the inventory amount, we would typically compare the cost of the inventory to its current market value and use the lower figure for each individual item to arrive at the total inventory valuation. This practice helps ensure that the inventory is not overstated on the balance sheet.
Since the information regarding the cost and market value of Marigold Company's inventory items is not provided, it is not possible to give you the exact inventory amount. The correct calculation would involve identifying each item's cost and its market value, then using the lesser of the two to calculate the inventory amount for each item and sum these values to get the total inventory value.