Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: 4 skis $166,000 137,000 112,000 Supplies Boots $167,000 141,000 130,000 Apparel $101,000 Selling price Cost Replacement cost Sales commission $79,000 70, 70051,350 47,350 10% 119,000 10% 10% 10% In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at Multiple Choice $90,900. $93,140. $70,700