13. Pat Company's ending inventory (at cost) was $87,500. The company would have had to pay $100,000 to replace the ending inventory. Before consideration of the lower-ofcost-or-market rule, the company's cost of goods sold was $60,000. Which of the following statements reect the correct application of the lower-of-cost-or-rnarket rule? A) The ending Inventory balance will be $100,000, and Cost of Goods Sold will be $72,500. B) The ending Inventory balance will be $87,500, and Cost of Goods Sold will be $60,000. C) The ending Inventory balance will be $87,500, and Cost of Goods Sold will be $72,500. D) The ending Inventory balance will be $100,000, and Cost of Goods Sold will be $72,500