Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Selling price Cost Replacement cost Sales commission Skis $172,000 142,000 113,000 10% Boots $142,000 141,000 128,000 108 Apparel $101,000 65,650 85,650 10% Supplies $ 79,000 55,300 51,300 10% In applying the lower of cost or net realizable value rule, the inventory of boots would be valued at: Multiple Choice $141,000. $128,000. O $141,000. O $128,000. $92,300. O $127,800