D. S250,000 15| Lorraine Co. has determined its fiscal year-end inventory on a FIFO basis to be $400,000. Information pertaining to that inventory follows: Estimated selling price $408,000 Estimated cost of disposal 20,000 Normal profit margin 60,000 Current replacement cost 360,000 Lorraine records losses that result from applying the lower-of-cost-or-NRV rule. At its vear end. what should be the net carrying amount of Lorraine's inventory? A. $360,000 B. S400,000 C. $328,000 D. S388,000