Data related to the inventories of Alpine Ski Equipment and Supplies is presented below Selling price Cost Replacement cost Sales commission Skis $177000 141.000 115,000 10% Boots 5151,000 142.000 114.000 10 Apparel $119.000 77,350 115.000 10% 01.1958 Supplies $72,000 46.800 42 800 10 In applying the lower of cost and net realizable value rule, the inventory of apparel would be valued at Multiple Choice $115.000 5107100 O $m.070 smas 577350 C raw Type here to search o . 2