An item in inventory is currently carried at

historical cost of $$20$ per unit. At year$-$end

we gather the following per unit information:

current replacement cost $=$ $$21\mathrm{.}50$

selling price $=$ $$30$

cost to complete and dispose $=$ $$4$

normal profit margin of $=$ $$5$

How would we value this item in the Balance

Sheet?