Data related to the inventories of Costco Medical Supply are presented below:

	Surgical Equipment				Surgical Supplies				Rehab Equipment				Rehab Supplies
Selling price	$	273			$	125			$	321			$	157
Cost		162				106				281				155
Costs to sell		29				14				30				9

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

Multiple Choice

• $267.

• $195.

• $291.

• $281.