Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Sefling price Cost Replacement cost Sales commission Skis $166,000 129,000 113,000 10. Boots $165,000 142,000 110,000 10 Apparel 3118,000 76, 700 110,000 10. Supplies $79,000 51, 350 47,350 10 In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at: Multiple Choice o $3,000, o $0,240. o $76,700. o O s106,200