Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: $ $ 00 Skis Boots Apparel Supplies 140,0 180,0 $ Selling price $ 120,0 60,0 00 00 00 00 Cost 128,0 133,0 90,00 45,0 00 00 0 00 Replacement 120,0 130,0 110,0 41,0 cost 00 00 00 Sales 10% 10% 10% 10% commission In applying the lower of cost or net realizable value rule, the inventory of skis would be valued at: $128,000. $180,000 $162,000. $120,000