Data for Product # 2 Historical cost $ 20 Replacement cost $ 18 Net Realizable Value $ 22 Net Realizable Value - Normal Profit $ 17 Estimated selling price $ 21 Normal profit margin % of selling price) 20% WHICH OF THE FOLLOWING STATEMENTS IS/ARE CORRECT? SELECT ALL CORRECT ANSWERS! Incorrect choices are penalized. The designated market for this product is $18. The designated market for this product is $20. The designated market for this product is $22. The designated market for this product is $17. The correct Inventory value for this product using LCM is $18. The correct Inventory value for this product using LCM is $20. The correct Inventory value for this product using LCM is $22. The correct Inventory value for this product using LCM is $17