Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: 28 Skis $166,000 134,000 114,000 10% Selling price Cost Replacement cost Sales commission Boots $161,000 134,000 115,000 10% Apparel $113,000 79,100 99, 100 10% Supplies $70,000 49,000 45,000 10% 8 01:13:01 In applying the lower of cost or net realizable value rule, the inventory of supplies would be valued at: Multiple Choice $45,000. $46,000 O O $ $49.000. O $63.000