Cullumber Company sells product 2005WSC for $155 per unit. The cost of one unit of 2005WSC is $152, and the replacement cost is $151. The estimated cost to dispose of a unit is $6, and the normal profit is 40% of selling price. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market?

$149. $151. $152. $87.