Data related to the inventories of Alpine Ski Equipment and Supplies is presented below. Selling price Cost Replacement cdat Sales commission Skis $174,000 138,000 119,000 108 Boots $ 151,000 143,000 121,000 10% Apparel $106,000 68,900 116,000 108 Supplies $ 65,000 45,500 41,500 108 In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at Multiple Choice O $116,000 $95,400 $68.900. $97.580 1 of 83 ili Next > MacBook Air 30 F3 FS F7 FR