A company's normal selling price for its product is $29 per unit. However, due to market competition, the selling price has fallen to $24 per unit. This company's current Inventory consists of 110 units purchased at $25 per unit Replacement cost has fallen to $22 per unit. Calculate the value of this company's Inventory at the lower of cost or market. $2,520. $2,750. $2,640. $2,420. $2,370