Consider the following data: $115,000 119,000 Ending inventory at cost Ending inventory at fair value Cost of goods sold (before consideration of LCNRV rule) 165,000 Which of the following depicts the proper account balance after the application of the LCNRV rule? Select one: A. Ending Inventory balance will be $119,000. B. Ending Inventory balance will be $115,000. C. Cost of Goods Sold will be $169,000 D. Cost of Goods Sold will be $161,000