Norton Company purchased 1,000 widgets and has 200 widgets in its ending inventory at a cost of \(\$ 91\) each and a current replacement cost of \(\$ 80\) each. The ending inventory under lower-of-cost-or-market is:

(a) \(\$ 91,000\).

(c) \(\$ 18,200\)

(b) \(\$ 80,000\).

(d) \(\$ 16,000\)