Blossom Distribution Co. has determined its December 31, 2023, inventory on a FIFO basis at $235400. Information pertaining to that inventory follows: Estimated selling price Estimated cost of disposal Normal profit margin $254300 O $18900. $9000. O $28800. O $0. 9900 29100 Blossom records losses that result from applying the lower of cost and net realizable value rule. At December 31, 2023, the loss that Blossom should recognize is