Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $ 280 163 13 Surgical Supplies $120 100 14 Rehab Rehab Equipment Supplies $351 $ 153 265 152 18 8 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at Multiple Choice $144. be $197 $163 $189