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Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $ 160,000 $ 152,000 $

Data related to the inventories of Alpine Ski Equipment and Supplies is presented below:

Skis Boots Apparel Supplies
Selling price $ 160,000 $ 152,000 $ 107,000 $ 70,000
Cost 133,000 137,000 69,550 45,500
Replacement cost 120,000 113,000 116,000 41,500
Sales commission 10 % 10 % 10 % 10 %

In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at:

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