A company has the following information available regarding one of its inventory products at the end of the accounting period: Description Per unit: Original cost $ 260 Net realizable value 250 Normal profit margin 60 Replacement cost 215 This inventory has not been previously written down. Question: If the company uses the lower-of-cost-or-market (LCM) inventory valuation method, what should be the per unit cost of this inventory used for financial reporting purposes? Do not use decimals or cents in the numerical response. Answer: $Answer 1 Question 2 per unit