13) Data related to the inventories of Kimzey Medical Supply are presented below: Surgical Selling price Cost Replacement cost Costs to sell Normal gross profit ratio Surgical Supplies $ 120 90 80 Rehab Supplies $ 165 $ 260 170 240 Rehab Equipment $ 340 250 235 162 158 30 25 10 20 % 30 % 30 % 30 % In applying the lower of cost or market rule, the inventory of rehab equipment would be valued at: A) $247. B) $235. C)$315 D ) $150