Ramps by Jake, Inc., manufactures skateboard ramps. The company uses independent sales representatives to market its products and pays a commission of 8% on each sale. Data regarding the five styles of ramps in the company's inventory at December 31, 2017, follow. The normal profit margin on each style is expressed as a percentage of the item's selling price. Jake has multiple units of each style and uses the LIFO cost flow assumption.

Required:
Jake applies LCM to each individual unit. Determine the appropriate inventory value to use for each item in the company's December 31, 2017, inventory under U.S. GAAP.

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Normal Profit Margin % 35% Inventory Item Replacement Cost Selling Price Cost Style A Style B Style C Style D Style E $155 $210 275 198 83 275 420 280 430 290 450