Apple Company sells product 2005WSC for $30 per unit. The cost of one unit of 2005WSC is $27, and the replacement cost is $26. The estimated cost to dispose of a unit is $6, and the normal profit is 40% of sales. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market?

$26.

$24.

$12.

$27.