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Bonita Company developed the following information about its inventories in applying the lower of cost and net realizable value in valuing inventories: Product A

Bonita Company developed the following information about its inventories in applying the lower of cost and net realizable value in valuing inventories: Product A Cost $70800 $74500 NRV B 49300 48800 C 100300 101000 After Bonita Company values its inventory at the lower of cost or net realizable value, the value of the inventory reported on the balance sheet would be O $224800. O $220400. O $224300. $219900.

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