Because of a nationwide recession, Stock Up, Inc.'s merchandise inventory is gathering dust. It is now November 30, 2018, and the $ 365,100 that Stock Up, Inc., paid for its ending inventory is $ 18,500 higher than the current replacement cost. Before any adjustments at the end of the period, Stock Up, Inc.'s Cost of goods sold account has a balance of $ 634,000. Stock Up, Inc., uses the lower of cost or market to value its ending inventory