Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Selling price $180,000 $140,000 Apparel $120,000 Supplies $60,000 Cost 128,000 133,000 90,000 45,000 Replacement cost 120,000 130,000 110,000 41,000 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: Multiple Choice $162,000. $128,000. $120,000. $180,000.