A company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value basis in valuing inventories: costs of product A $110,000, B $80,000, C $160,000. Net realizable value of product A $120,000, B $76,000, and C $162,000.

If the company applies the cost or net realizable value basis, the value of the inventory reported on the balance sheet would be