Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Selling price $166,000 Boots $151,000 Apparel $111,000 Supplies $79,000 Cost 138,000 141,000 72,150 55,300 Replacement cost 132,000 126,000 92,150 51,300 Sales commission 10% 10% 10% 10% In applying the lower of cost or net realizable value rule, the inventory of skis would be valued at: