Babal Inc. is a wholesaler of electronics. It purchased 1,200 units of Product X for $600 each during 2018. The selling price during the year was $800 per unit. At year end, it had 200 units on hand and due to changes in technology, the selling price will have to be reduced by 35% in order to sell them. The value of each unit of Product X for the year-end inventory presentation should be O $600. O $520. O $280. O $800